Block: A Triple Threat Growth Stock on Sale

Block: A Triple Threat Growth Stock on Sale
Block: A Triple Threat Growth Stock on Sale

Few large-cap stocks have as much long-term upside as Block (NYSE: SQ). This company is exposed to several large growth markets that could last for several decades.

The best part is that the shares are now on sale after a brief correction. If you're searching for stocks with huge upside that you can buy and hold for years to come, this is your opportunity.

Three big growth trends in one stock

It's not often that a single stock gives you exposure to three major growth markets, but that's the case with Block.

The first opportunity is rising adoption of cryptocurrencies like Bitcoin. In 2021, Square changed its name to Block partially to reflect its growing commitment to blockchain technologies. It now operates several businesses that are directly tied to the rise of crypto. Spiral is an organization it founded to create open-source software that helps spur crypto adoption. TBD is another Block business that is focused on creating developer tools that will help drive crypto innovation. Its Square payment hardware, meanwhile, used by millions of merchants, can now accept Bitcoin as a method of payment. Finally, its Cash App, which is also used by millions of people, has empowe

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