1 Magnificent Growth Stock Down 75% to Buy Before the Next Bull Market

High inflation has been a serious problem for the better part of the past two years, and its effects have rippled through every level of the economy. Consumers are spending

money more cautiously, businesses are scrutinizing budgets more closely, and many investors are selling stocks hand over fist to hedge against a possible recession. Those events

have sent the benchmark S&P 500 spiraling into a bear market. Meanwhile, Block (NYSE: SQ) has seen its share price plunge 75%, marking its sharpest decline as a public

company. Yet the underlying business is still healthy. Block is gaining momentum in the Square and Cash App ecosystems, and it remains well positioned to capitalize on a large and

growing addressable market. That means the stock could soar on the heels of an economic recovery. Here's why investors should treat the downturn as a buying

opportunity. Square is gaining momentum with larger sellers Through Square, Block provides an integrated suite of hardware, commerce software, and banking services that

help sellers manage their businesses across online and offline locations. That includes everything from point-of-sale (POS) systems and payment processing services to marketing

software and deposit accounts.