3 Reasons Toast's Stock Could Soar Higher in 2024 (and 1 Reason It Might Struggle)
TOSTToast(TOST) The Motley Fool·2023-12-31 19:59

Toast (TOST -3.49%) is coming off a lackluster year in 2023, where its share price rose by a modest 2%. The shaky ground the economy is on hasn't been doing any favors for the company. But the business itself hasn't been doing badly at all. Restaurants use Toast's point-of-sale (POS) devices to help simplify their operations, and it integrates with other functions as well. It adds a lot of value to the industry, and the number of restaurants using POS devices has been rising. With a potential soft landing f ...