
Earnings season typically brings opportunities for massive upside, assuming of course that you get the call right. For those who are willing to engage in high-stakes wagers, financial technology (fintech) powerhouse Block (SQ) is set to disclose its third-quarter earnings results. Barchart content partner Motley Fool believes that SQ stock could pleasantly surprise and it’s difficult to argue against the point.
Sure, the equity hasn’t exactly thrilled stakeholders so far this year, losing a hair under parity. However, over the past 52 weeks, SQ stock gained 64%. What’s more, TMF argued that fundamentally, Block “stands out as a fintech pioneer and payments industry innovator driving the ongoing digitization of global commerce and banking.”