As the COVID-19 stimulus payments made by the U.S. government begin to wane, the same may occur when it comes to consumer spending. Payment processing software and hardware companies rely on high volumes of transactions and commerce, and Square (SQ) is no different. The fintech firm will release its quarterly print in a few weeks, and investors are on the fence about the outcome. (See Square’s website traffic on TipRanks)  One analyst on the bullish side of the fence is Trevor Williams of Jefferies Group, who wrote that Square’s valuation should benefit in the long run from Cash App’s sector dominance, as well as the cash flow generated from merchant services.
https://www.tipranks.com/news/article/square-staying-sharp-for-now?utm_source=advfn.com&utm_medium=referral
Square (NYSE:SQ)
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Square (NYSE:SQ)
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From Dec 2020 to Dec 2021 Click Here for more Square Charts.