With the holidays, healthy revenues, and demand for premium travel, airline stocks are just starting to take flight again. Goldman Sachs just reiterated its buy rating on Salesforce following earnings.
Toast, Inc. remains a top investment idea, away from the AI trade. Toast's strong fundamentals include over $2 billion in annual recurring revenue, rapid growth, and a debt-free balance sheet with $1.8 billion in cash. The investment thesis centers on Toast's ability to scale free cash flow to $650 million by 2026, with a current valuation of 27x forward free cash flow.
BOSTON--(BUSINESS WIRE)--Toast Data: How Reservation and Full-Service Restaurant Dining Trends Shifted In the Last Year.
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