SQ has a 99 rating I see on the IBD website. It looks really good, but the PE ratio is high. https://research.investors.com/stock-quotes/nyse-square-inc-...Wish I would have bought some earlier...doc
Doc,Thanks for the link, and yeah I wish I had bought more earlier, but then again that's a constant with many of the positions that I have that are doing well. My not so educated guess is SQ's PE ratio is so high because it's a younger company compared to it's competition. The only competition I've seen in the mobile/tablet retail location is NCR and NCR software did not seem as slick or user friendly. That's conjecture on my part.
I guess I misspoke. The pe ratio is not high, its astronomical right now. If SQ continues to grow its profit, that will come down. IBD also gives buy points and I don't know what the SQ buy point is right now, but all the other numbers are really good...doc
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