LTCH - 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.
Image source: Getty Images.
For further details see:
This Promising Small-Cap Stock Is Suddenly Fighting an Uphill Battle