TOST - 3 Stocks You'll Be Glad You Bought at These Prices
2024-01-05 11:55:00 ET
The market is rolling right now. Many of the major market indices are trading near fresh highs, but there are still quality stocks trading below their high-water marks.
Toast (NYSE: TOST) , Chewy (NYSE: CHWY) , and Disney (NYSE: DIS) are three stocks that have lost to the market over the past year. They are all trading for less than half of their all-time highs. This means it could be a good time to get in on these well-known companies while they are currently out of favor.
It's easy to see why Toast shares were burnt to a crisp after posting problematic financial guidance in early November. The provider of payment processing and cloud-based software solutions for the restaurant industry warned that gross payment volume per location was trending lower than a year earlier for the holiday quarter.
For further details see:
3 Stocks You'll Be Glad You Bought at These Prices