1 Under The Radar Stock That Will Make You Look Like a Genius in 2024
Everyone would love to find that one stock no one has heard about yet, and then tell their friends and family about it after it has skyrocketed. Toast (NYSE: TOST) is one of the stocks with that potential; the best part is it's right under everyone's nose. So, keep reading if you want to know more about this stock and why it has breakout potential from here.
Toast is on the technological side of restaurants and provides hardware and software solutions for its clients. You may have seen a Toast point-of-sale (POS) system at your local restaurant, including the mini versions that waitstaff carry around so they don't have to take your card to an individual kiosk.
However, Toast is using these devices only as a way into a much more lucrative business: subscriptions. Toast offers its customers a full suite of products to help run a restaurant, including payment processing, payroll, gift cards, employee scheduling, and delivery services. By getting clients on board with the Toast ecosystem, it can gradually expand to improve a restaurant's operations.
Source Fool.com
