Paid subscribers to Jonah’s Growth Stock Deep Dives receive ~2 deep dives per month (8,000+ words), ~2 mini deep dives per month (2,000+ words) and quarterly earnings commentary (on most of my portfolio companies) plus access to my investment portfolio (up +104.1% YTD in 2024, up +134% in 2023 and up +2,090% since January 2020) with real-time daily activity, notes/commentary and charts throughout the day.
My investment strategy is pretty simple. I want to own 20-30 high-quality growth stocks with the best fundamentals at the most reasonable valuations — if the fundamentals begin to disappoint or the valuation no longer looks compelling I will trim or sell my position. I want to own stocks that have at least 50% upside within the next 1-2 years and at least 100% upside within the next 3-4 years. If I buy stocks that are too expensive, the fundamentals aren’t good enough or my investment thesis is flawed — then I’ll never hit my investment targets. My objective is to maximize performance in good markets and minimize losses in bad markets. I accomplish this by being very selective in what I own but also using technical analysis, stop losses and hedges to protect my portfolio in market downturns.
In this post I’m going to cover the Toast (TOST) earnings report from February 15th as well as my outlook for the company, key points of my investment thesis, my updated investment model and a few more things.
Over the past couple weeks I’ve sent our earnings commentary for Celsius (CELH), Super Micro (SMCI), Nvidia (NVDA), Meta (META), Uber (UBER), DraftKings (DKNG), Shift4 Payments (FOUR), TransMedics (TMDX), Elf Beauty (ELF), NU (NuBank), MELI (MercadoLibre), Sofi (SOFI), Aspen (ASPN) and Square/Block (SQ).
These earnings writeups are for paid subscribers only. Signup today and get access to my current portfolio, my daily activity, my daily notes/commentary and all of my research.
TOST 2023 Q4 earnings report [click here]
TOST 2023 Q4 earnings webcast [click here]
TOST 2023 Q4 earnings presentation [click here]