Latch Stock Is a Turnkey Winner for Growth Investors

Latch (NASDAQ: LTCH) has its foot in the door. Now it just need to kick things wide open. The fresh special purpose acquisition company hook-up -- TS Innovative Acquisitions completed its merger with the fast-growing provider of cloud-based access solutions for the rental market earlier this week -- didn't wait long to deliver its first financial report as a public company.

Latch delivered its first-quarter results after Wednesday's market close. It was impressive, even if the market's initial reaction wasn't very inspiring. We'll dive into the numbers of course, but we may as well start at the beginning. Your new apartment has an unusual lock that's a win for your landlord but also an even bigger benefit for you as a tenant. LatchOS is here. It's going to open doors in more ways than one.

Image source: Getty Images.

Source Fool.com