TOST - 2 Growth Stocks for the Next 10 Years and Beyond
2023-08-17 05:12:00 ET
The Nasdaq Composite has rebounded 31% this year, but there are still good deals to be found if you know where to look.
Toast (NYSE: TOST) and Live Nation Entertainment (NYSE: LYV) have risen 30% and 24%, respectively. Here's what is driving these companies' momentum, and why these stocks could deliver outstanding returns to long-term investors.
Toast is a leading financial solutions and technology platform for the restaurant industry. It offers a software-as-a-service (SaaS) product that helps restaurants manage orders, delivery, and operations, among other things. The company's strong growth has pushed the stock up 30% year to date, but shares are still 67% from the previous peak.
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2 Growth Stocks for the Next 10 Years and Beyond