This 1 Metric Suggests That Square Stock Can Keep Winning
On Nov. 4, financial technology company Square (NYSE: SQ) reported financial results for the third quarter of 2021. But prior to Q3 results, Fool contributors Jon Quast, Jason Hall, and Danny Vena talked about things they like about the company in this video from Motley Fool Backstage Pass, recorded on Nov. 1.
In the video, Jon mentioned Square's gross-profit growth, a metric he likes when trying to find market-beating investments. And Q3 results showed the continuation of the strong gross-profit trend he was looking at. Here's why Jon likes to watch gross profit and some other things these contributors are watching with Square.
Source Fool.com