1 Magnificent Growth Stock Down 78% to Buy Hand Over Fist Before 2023

In fact, all three major U.S. indexes -- the broad-based S&P 500, the tech-heavy Nasdaq Composite, and the blue-chip-packed Dow Jones Industrial Average -- have slipped into a bear market this year. Meanwhile, Block (NYSE: SQ) has seen its share price drop 78%, as traders have mulled concerns about its growth prospects in a weak economy. High inflation is temporary and Block is brimming with potential, and the stock is trading in the bargain bin.