What could $5,000 invested in Block shares become in 1 year?

MotleyFool04-17

Block Inc (ASX: SQ2) shares have been a good place to invest over the last 12 months. During this time, the payments company's shares have risen 20%. This is significantly better than the 3.3% gain ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428337977?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-17 10:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2428337977","market":"hk","top_or_hot":-1,"title":"What could $5,000 invested in Block shares become in 1 year?","media":"MotleyFool","content":"<div>\n<p>Block Inc (ASX: SQ2) shares have been a good place to invest over the last 12 months.\nDuring this time, the payments company's shares have risen 20%. This is significantly better than the 3.3% gain ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/17/what-could-5000-invested-in-block-shares-become-in-1-year/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What could $5,000 invested in Block shares become in 1 year?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat could $5,000 invested in Block shares become in 1 year?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-17 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/04/17/what-could-5000-invested-in-block-shares-become-in-1-year/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Block Inc (ASX: SQ2) shares have been a good place to invest over the last 12 months.\nDuring this time, the payments company's shares have risen 20%. This is significantly better than the 3.3% gain ...</p>\n\n<a href=\"https://www.fool.com.au/2024/04/17/what-could-5000-invested-in-block-shares-become-in-1-year/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4227","symbol_name":"交易和支付处理服务","start_time":0,"source_url":"https://www.fool.com.au/2024/04/17/what-could-5000-invested-in-block-shares-become-in-1-year/","article_id":"2428337977","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428337977","pubTimestamp":1713319582,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"Block Inc  shares have been a good place to invest over the last 12 months.During this time, the payments company's shares have risen 20%. This is significantly better than the 3.3% gain that the ASX 200 index has made over the same period.This means that if you had invested $5,000 into its shares a year ago, you would have seen your investment grow to be worth $6,000 today.Investors have been buying the company's shares due to a significant improvement in its performance.For example, in November, investors were impressed with the release of Block'sthird-quarter update.Block then followed this up with another strong quarterly update in February. It reported a 24% increase in net revenue to US$5.77 billion and a 22% lift in gross profit to US$2.03 billion.Firstly, if you were to invest $5,000  into Block's shares today, you would end up owning 44 units.For example, the team at Citi responded to the company's most recent quarterly update by retaining its buy rating with an improved price","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4227":"交易和支付处理服务","BK7158":"交易和支付处理服务","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4588":"碎股","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4581":"高盛持仓","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4528":"SaaS概念","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4554":"元宇宙及AR概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4106":"数据处理与外包服务","SQ":"Block","SQ2.AU":"Block Inc","BK7033":"数据处理与外包服务","BK4585":"ETF&股票定投概念"},"translate_title":"投资于大宗股票的5000美元在1年内会变成什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SQ2.AU":1,"SQ":1},"content_text":"Block Inc (ASX: SQ2) shares have been a good place to invest over the last 12 months.\nDuring this time, the payments company's shares have risen 20%. This is significantly better than the 3.3% gain that the ASX 200 index has made over the same period.\nThis means that if you had invested $5,000 into its shares a year ago, you would have seen your investment grow to be worth $6,000 today.\nWhy have Block shares outperformed?\nInvestors have been buying the company's shares due to a significant improvement in its performance.\nFor example, in November, investors were impressed with the release of Block's third-quarter update.\nThat update revealed a 24% increase in revenue to US$5.62 billion and a 21% lift in gross profit to US$1.9 billion for the three months. A key driver of this was its Cash App business, which reported rapid growth in volumes.\nBlock then followed this up with another strong quarterly update in February. It reported a 24% increase in net revenue to US$5.77 billion and a 22% lift in gross profit to US$2.03 billion.\nThe latter comprises a Square gross profit of US$828 million, up 18% year on year, and Cash App gross profit of US$1.18 billion, up 25% year on year.\nBut those gains have been and gone. What might happen if you invest $5,000 into Block shares today?\nLet's see what analysts are tipping for the tech stock over the next 12 months.\nInvesting $5,000 into this tech stock\nFirstly, if you were to invest $5,000 (and an extra $35) into Block's shares today, you would end up owning 44 units.\nBut what could they be worth in a year?\nThe good news is that a couple of brokers believe that the company's shares can keep rising from current levels.\nFor example, the team at Citi responded to the company's most recent quarterly update by retaining its buy rating with an improved price target of US$86.00.\nBased on current exchange rates, this equates to a price target of approximately A$134.00 for its locally listed shares. This means that your 44 units would have a market value of $5,896 if they were to rise to that level.\nElsewhere, US broker Seaport recently put a buy rating and US$95.00 (A$148) price target on Block's shares. If your shares were to climb to that level, it would give them a market value of $6,512. This is approximately $1,500 more than your original investment.\nIt is of course worth remembering that brokers don't always get it right. But time will tell if they do for Block's shares.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428337977"}