Can Block Stock Reach $100 in 2024?
Ever since reporting its latest financial results, Block (NYSE: SQ) shares have been on an absolute tear. As of Dec. 15, they are up an incredible 69% from Nov. 2, the date of the announcement.
This is what shareholders want to see from a stock that is still well below its peak price. Perhaps next year will bring a continuation of this robust performance.
Can this leading fintech enterprise see its shares rise to $100 by the end of 2024, which translates to about a 30% gain? I don't think it's out of the question at all.
Source Fool.com