OT. FWIW. One "restaurant" stock I really like is Toast (TOST). They do point of sale, kitchen display, inventory control, and offer other software and hardware for the restaurant, such for example as for payroll control.
The company is really growing, but not profitable yet. There are a lot of competitors in this space, but TOST has No. 1 market share. I see them being installed now in many of the bakeries, restaurants and take-outs I frequent. You might notice them in these places that you frequent.
I've been a buyer of shares, and with stock near 12-mo high, I'm still buying a few shares. finance.yahoo.com
I will just say, before someone who might remember says something, that of the alledged growth/no earnings stocks I have said here I "really like", that as far as I can remember, none has ever turned out to be a profitable investment for me. Some were duds from the getgo, some rose but I forgot to take profits and I rode 'em down.
No need to remind me.
Anyway, my understanding (from internet comments) is that restaurant owners and employees like the product, that once TOST gets in, they can, and do, upself the suites they offer, and also that it's not so easy to just switch to a competitor. I look forward to see how the business progresses over the next year or two. |
