Jim Cramer Says Block, Inc. “Never Seems to Go Out of Fashion”

Core Viewpoint - Block, Inc. (formerly Square) is highlighted as a strong growth stock with aggressive growth targets and a significant stock buyback plan, making it a notable investment opportunity in the fintech sector [1][2]. Company Overview - Block, Inc. provides a range of payment, commerce, and financial services through its platforms, including Square and Cash App, offering tools for point-of-sale, banking, peer-to-peer payments, investing, and buy-now-pay-later solutions [2]. Recent Developments - During an analyst meeting, Block announced aggressive growth targets for the next three years, which were significantly better than market expectations [2]. - The company is recognized as a profitable business, with its stock recently experiencing a 7.5% increase, making it the best performer in the S&P 500, aided by a $5 billion stock buyback announcement [2].