Our first stop on today’s watchlist belongs in a league of investing that I predict will churn out 500,000 new millionaires by the end of the year.
I’m talking about initial public offerings, or IPOs. If you aren’t familiar, that’s when a company finally goes public, putting shares on the market for investors like us. It’s a great opportunity to get in at the bottom of a burgeoning company and ride all the way to the top as they grow.
Which is why I’m watching this company like a hawk. Toast Inc. (NYSE:TOST) operates a tech platform that streamlines all front and back of house work utilized by at least 40,000 restaurants in the U.S. and more abroad.