This Promising Small-Cap Stock Is Suddenly Fighting an Uphill Battle

Just a few weeks ago, I called property-technology company Latch (NASDAQ: LTCH) my favorite stock to buy and hold for the long term. It's still a promising company. But the company reported financial results for full-year 2021 on Feb. 24, and management changed a very important number in its long-term financial guidance.

With its new guidance, Latch is no longer a no-brainer investment opportunity. It's suddenly fighting an uphill battle to become a market-beating stock. Here's why cash flow matters for Latch.

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Source Fool.com