Block Rises 26.6% Year to Date: Should You Still Buy the Stock?

XYZ is up 26.6% YTD, led by strength in Cash App and Square, but commentary flags rising credit losses and macro risks that may limit further upside. The setup is cautious: near-term momentum is offset by deterioration in credit quality and uncertain macro conditions.

Analysis

XYZ is up 26.6% YTD, led by strength in Cash App and Square, but commentary flags rising credit losses and macro risks that may limit further upside. The setup is cautious: near-term momentum is offset by deterioration in credit quality and uncertain macro conditions.