Square Inc. (SQ) has soared 200% over the past year as the company continues to rapidly gain market share in the payment industry.
Square makes most of its revenue through transaction fees. In the last quarter, transaction revenue reached $625 million, which represented over 75% of its revenue.
The subscriptions and services business is booming: revenue rose from 127% annually to $134 million last quarter, accounting for 16% of Square's GAAP revenues.
Last quarter, Square's Instant Deposit volume hit $4 billion, up from $2 billion in the third quarter of 2017.
Square Capital facilitated 60,000 business loans for $390 million, which marked 22% growth from the previous year.
Customers spent $250 million with the Cash Card in June, which is nearly triple the amount spent last December and represents about $3 billion in annual spending 🔥💰🚀📈
Source: The Motley Fool, Seeking Alpha
24 52516 hours ago
This could be a nice catalyst for Skyworks! Keep an eye on that stock!
2 1617 hours ago
Have you done it? Video link in bio.
1 1817 hours ago
Ever find yourself saying “The market doesn’t make sense?”
You did your research, you followed a well thought out plan, maybe you even subscribed to a few newsletters... yet the market moved in the opposite direction. Does the market make sense?
If your answer is anything other than a resounding YES, you have some work to do.
Like it or not, the market ALWAYS MAKES SENSE. What may not make sense all of the time is our interpretation of the market.
When we act from a place where we believe the market always makes sense, it makes it easier to pivot our ideas and our positions toward one that is in line with the market. If we are against the market we are certain to lose.
The market can “not make sense” far longer than your or I can remain solvent! It’s far better then to adopt an approach where we question our ideas and whether or not they are right before we begin questioning the market.
What kind of questions should we ask ourselves? I outlined over 2 dozen of them in a tool called the “Trade Tracker”. Interested? Drop a comment or send a DM with your email and I’ll send it to you.
Superstar Supporters: Special Thanks to @dougwatler@lisabellz and @trader_shez You rock!! ⠀ ⠀
If you choose to own successful well run businesses aka stocks, then your shares should rise in value in the years to come.
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In the long run, shares prove their worth. Whether it’s overall Sensex or your individual stocks.
The moment you hear someone comparing investing in stocks to gambling tells you immediately that he doesn’t know what investing exactly is.
Although it’s easy to forget sometimes, a share is not a lottery ticket... IT’S PART-OWNERSHIP OF A BUSINESS — Peter Lynch
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ALSN bull run on this one I’m waiting to top and start dipping buying under 40$ and 5 shares. This will be my Materials in my portfolio.
What Materials do you hold?
Episode of #5 of bird eye. Been chasing this one and XOM for months now. Feel like discipline is the key, still have a lot of positions that have great stats but prices are little to high.
What is the longest you be chased a stock?