RussellSimmons
2021-11-15

$Square(SQ)$ Square is a good company that's being beaten up for a few reasons. CashApp performance is where it needs to be, but some of the BTC returns were not where they needed to be due to some pull back. The Afterpay acquisition is good as the BNPL space has great future value, but the buy in price was certainly high. While Q3 didn't meet/beat forecasts, the performance was still solid, and the company's innovation remains key. This stock should be sitting somewhere around $260, as its valuation has tended to run hot over the past few years. Interesting to see that PayPal got the snot kicked out of it on share price on this earnings cycle, but has rebounded. SQ seems like it's hangover is lasting a bit longer than anticipated.$PayPal(PYPL)$

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