Buoyed by a holistic growth model, Block (NYSE: SQ) has gained 47.9% over the past year, outperforming the Zacks Business-Services sector’s rally of 26.9% and the S&P 500’s return of 31.1%. However, the company has underperformed its industry’s rise of 62.9% in the same time frame. Block’s strong positioning in the digital payments industry on the back of its robust payment and point-of-sale (POS) solutions, which include both hardware and software to accept payments, streamline operations, and analyze business information, is a major positive. SQ’s comprehensive commerce ecosystem, which enab…