Is Block Stock A Buy At $65?
1. Block's stock down 25% YTD, lagging S&P 500's 7% rise. 2. Reduced growth in Square and Cash App raises investor concerns. 3. Block's valuation metrics are lower compared to S&P 500 averages. 4. Financial stability is strong, but profitability is weak. 5. Potential upside exists if the Federal Reserve cuts interest rates.