Investors might be discouraged that Block (NYSE: SQ) hasn't participated in the broader market's rally this year. It's not all bad news, as a solid opportunity is here.
From a pure valuation perspective, this fintech stock looks like a screaming buy. It's 76% below its peak price from mid-2021, and it trades at an attractive price-to-sales ratio of 2. This makes now a good time to add Block to your portfolio.
But there are other reasons to like the stock, too.
Source Fool.com