Is It Too Late to Buy Square Stock?
Financial technology (fintech) companies have provided strong returns for shareholders in the last decade, driven by the continued adoption of digital payments and the falling need for cash worldwide. Square (NYSE: SQ) has been one of the big winners to ride this trend with its point-of-sale (POS) and merchant solutions plus the consumer-focused Cash App. The stock price is up a whopping 1,700% in the last five years, greatly outpacing the S&P 500's 114% return over that same time period.
The stock has generated such incredible performance to this point that some are wondering if it's now too late to buy Square stock and continue to benefit? Let's take a look and see if we can find an answer.
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Source Fool.com
