Jim Cramer Says “Block is a Real Profitable Business”

Block, Inc. (NYSE:XYZ) is one of the stocks on Jim Cramer’s radar recently. Cramer mentioned the company’s growth targets and buyback program, as he commented: “How about all these fintech… Well, hey, I got one for you. How about Block, which is the old Square? At an analyst meeting today, Block just announced some aggressive growth targets for the next three years, sharply better than expected. Block is a real profitable business, and its stock wasn’t far from its low either, aided by a $5 billion announ ...