Could Buying Block Stock Today Set You Up for Life?

Financial powerhouse Block (NYSE: XYZ) has disappointed the market during the past few years, and that's a trend that hasn't changed this year. Block stock is down 11% year to date, even as the market makes a rebound and the S&P 500 is up 10%.However, it has been climbing back, and it's up 30% during the past three months (as of Aug. 14). That's a decent surge in a short amount of time, and it's been fueled by its recent inclusion in the S&P 500 and a strong economy.About two-thirds of Wall Street analysts covering Block rate it a buy, and they have a median target price of $95 during the next 12 to 18 months, 27% higher than today's price.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool