On Square - From a Seeking Alpha news blip

SQ : Square still a three-bagger - Guggenheim • 8:01 AM
Instead of focusing on near-term noise, we think investors should focus on the compounding of EBITDA dollars that is about to occur, says Guggenheim. The team there sees nearly $3B in EBITDA and $4 in EPS in 2024 vs. $418M and $0.78 this year.
The stock is worth $195 per share vs. Friday’s close of $64.66, says Guggenheim.

https://seekingalpha.com/news/3467065-square-still-three-bag…

While I like Square, I don’t think they mean it’s worth $195 today, but that it will be a three bagger by 2024, which makes more sense.

Saul

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