TOST at $23, seriously undervalued imo
been looking at this one for a while. company is killing it financially but stock got destroyed with the rest of tech
the numbers are wild honestly - revenue up 22%, profit went from 19M to 342M in a year, basically no debt. 70% of analysts say buy and literally nobody says sell. they only have like 10% of their market so theres a ton of room left
management just authorized 500M in buybacks at these prices which says a lot
my levels:
22 support, breaks here and im out
25 gap from may 8
27 big level, been tested 5 times
29 clears the gap
34 fair value area
37-38 where analysts think it should be
im looking at entering around 23 with a stop at 20. if it gets above 27 ill add more
this isnt advice just sharing what im seeing. thoughts?
I have rundown full analysis on Now, ADBE, and MSFT too