Toast Stock Soars After Earnings -- Why Not Just Buy Block Stock?

In this video, I will be talking about Toast stock, the recent earnings report and why I still believe that holding SQ stock makes more sense. Is TOST stock a buy?
👉A portion of this video is sponsored by The Motley Fool.

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DISCLAIMER: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view here. #investing #toast #earnings

[bluegiraffe]

Toast is becoming much more common than Square here in LA restaurants/bars. Their focus on for the food service industry seems to offer more to owners and workers vs Square’s more generalized approach. From what I’ve read, their onboarding process/fees are designed to get you hooked a la pltr.

No position here, but have been watching them after seeing so many terminals all over the place.

[dvb]

Toast does seem to be carving out a niche among businesses with online menus (or similar online listings). I assume maybe pairing up the Square POS system with Shopify is maybe the Block equivalent? Not sure, serious question. If it is, you're having to deal with two different companies, which could be good and bad, in different ways. I imagine people who are nervous about crypto exposure are also avoiding Block, but crypto seems to be making a comeback, so SQ could well report some good results on that end of the business.

I own a small amount of SQ stock, after tax loss harvesting most of my poorly timed purchase late last year. I considered starting a position in Toast around the time I initially invested in Block, but ultimately didn't.

[sams]

Jack has already started to get serious on cutting costs, I think it will show this coming year. The consumer has shown to cut on buying house/cars but it has not for eating out/coffee/smaller cost things. I think this makes SQ bullish regardless of rates.

[Charlene.]

Thank you again for your comments and opinion. They certainly help in making a buying decision.

[alexjoshua]

Great analysis and reviews! P.S. try limit your vids till 9 min. max like this one .

[nickjerrat]

I really want to invest in Toast, but I read their reviews, and there are a lot of issues with their support of customers. So I'm sticking with block.

[ColumbusRealtor]

What are your thoughts on these whistleblower allegations and how they will impact share price? They seemed to have an impact Friday but this was also a major options expiration day and I would expect some investors to quickly sell out of fear over such news but I don't think there is anything to this, or that anything will come of it. SQ needs to cut expenses as you hinted at but is the superior service provider and stock.

[psyismylife]

You'll want to be holding block through the next 2 years as it starts to report rising positive net profit, the growth stage is done, time to let this ride.

[richardt]

Loos like block only net incone positive during the pandemic when pandemic money was flowing