Can Square Be a Great Growth Stock?

Jennifer Saibil, The Motley Fool
·3 min read
Can Square Be a Great Growth Stock?

Its classic sellers business, which comprises business solutions such as its famous square card reader, has seen slowed growth during the pandemic from its strong storefront presence. Revenue increased 5% and gross profit increased 13%. Square sees mid-size businesses as a huge addressable market, and this category demonstrated high potential for profitability, with gross profit growing at double the rate of other categories.