3 Things You Need to Know If You Buy Toast Stock Today

Shares of Toast (NYSE: TOST) have had an unbelievable year. As of this writing, they have skyrocketed 110% just in 2024 (as of Dec. 11). That gain outperforms the Nasdaq Composite index.However, this growth stock still trades 41% below its peak, which might be compelling for investors looking to buy the dip. Before you do that, here are three things you need to know about Toast.Toast is a hardware and software company that caters specifically to the needs of the restaurant industry. For example, it offers point-of-sale devices to help accept payment methods. Its suite of services also includes marketing tools, employee management, omnichannel capabilities, loyalty programs, and loans. Investors can view the company's offerings as being the operating system of a restaurant.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool