1 Growth Stock Down 42% to Buy Right Now

Toast (NYSE: TOST) isn't a consumer-facing company, so even though you might have interacted with its platform, you wouldn't necessarily know it.If you're a growth investor, though, you should get to know Toast. It's an exciting, disruptive company with a quirky name and a popular product, capturing the interest of money managers like Cathie Wood. Toast stock soared after its excellent third-quarter earnings report last week, but it's still 42% off of its all-time highs. Here's why you should take a look.Toast is a connected, digital platform for the restaurant industry. It provides all kinds of hardware and software to improve restaurant management. Think of it like this: It's a complete restaurant solution that unites all of a customer's operations, so payroll, inventory, menu, accounts payable, mobile ordering, and everything else work together in one place. Clients that use Toast's services have seen a 90% reduction in hours to run payroll and a 15 percentage point increase in orders delivered in under 10 minutes. It's easy to see why this is attractive for restaurants, and the platform is growing rapidly.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool