Is Toast, Inc. (TOST) the Top Stock to Buy According to Durable Capital Partners?

Ladies and gentlemen, let me tell you something: Toast, Inc. (TOST) is on fire! And if you're not already invested, you're missing out on one of the hottest stocks in the market right now. Durable Capital Partners, the investment firm led by the legendary Henry Ellenbogen, has made a massive bet on Toast, and you need to pay attention.



First things first, let's talk about the numbers. Toast's total return for the past 12 months is a staggering 44.46%, compared to just 9.70% for the S&P 500. That's right, folks—Toast is crushing the competition! And it's not just a one-hit wonder. The company's net income CAGR for the trailing twelve months is 107.31%, and the EPS CAGR is 168.16%. These are the kinds of numbers that make investors drool!

But it's not just about the past performance. Toast is positioned to dominate the restaurant industry with its end-to-end platform. We're talking about a single platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business. From point of sale to digital ordering and delivery, marketing and loyalty, and team management, Toast has it all. And with approximately 48,000 restaurant locations already using their platform, Toast is a force to be reckoned with.

Now, let's talk about the investment philosophy of Durable Capital Partners. They're all about stability, predictability, and consistent growth. And Toast fits the bill perfectly. The company's projected annual revenue for 2024 is $3,672MM, an increase of 48.36%. That's the kind of growth that gets investors excited!



But it's not just about the numbers. Durable Capital Partners has a knack for identifying companies with bold ideas and the potential for world-class execution. And Toast is exactly that. The company's platform helps restaurants streamline operations, increase revenue, and deliver amazing guest experiences. That's the kind of innovation that drives long-term growth.

And let's not forget about the institutional interest. There are 569 funds or institutions reporting positions in Toast Inc., with an increase of 95 owners or 20.04% in the last quarter. That's a lot of smart money betting on Toast's future. And with a put/call ratio of 0.95, the market sentiment is overwhelmingly bullish.

So, what's the bottom line? Toast, Inc. (TOST) is the top stock to buy according to Durable Capital Partners, and you need to get in on the action. The company's growth potential, strong market position, and consistent financial performance make it a no-brainer for investors. And with Durable Capital Partners increasing their portfolio allocation in TOST by 129.00% over the last quarter, it's clear that the smart money is betting big on Toast.

So, do yourself a favor and get in on the action. Buy Toast, Inc. (TOST) now, and watch your portfolio grow!