TOST Rises 44.1% YTD: Should Investors Buy, Hold or Sell the Stock?
TOSTToast(TOST) ZACKS·2024-09-19 23:56

Toast (TOST) shares have gained 44.1% year to date (YTD), outperforming the Zacks Computer and Technology Sector and S&P 500 index’s return of 19.1% and 17.7%, respectively.Toast stock has also outperformed the Zacks Internet - Software industry’s return of 15.9% YTD. The outperformance reflects investors’ confidence in Toast’s potential scale of its business.Reasons Behind TOST Stock’s OutperformanceGrowing adoption of its solutions has bolstered investors’ confidence in Toast’s growth prospects. The compa ...