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Trade Alert – Sqaure Inc. (SQ)

by | Jun 29, 2020 | Daily Trade Alert

Square, Inc. provides payment and point-of-sale solutions in the United States and internationally. The company’s commerce ecosystem includes point-of-sale software and hardware that offers sellers to payment and point-of-sale solutions.

Since bottoming out in March around $35, the SQ stock has exploded to a high of $104. From here, there may be even more upside, perhaps to $150, near-term. For one, the company just announced on-demand delivery for Square online store sellers. Two, the stock is quickly recovering along with U.S. retail sales. And three, its latest acquisition of Verse positions Square for massive growth throughout Europe.

At the moment, SQ is up another $1.60 in pre-market, and looks set to explode.

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