Tiger Global's Long-Term Stock Picks

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Tiger Global Management

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

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Toast, Inc. (TOST): Among Tiger Global Management’s Long-Term Stock Picks

Summary

Nutrition label

84% Informative

Tiger Global Management's 13F portfolio of the fund seems to be performing exceedingly well to taper over these concerns.

From the beginning of 2023 through to the end of the first quarter of 2024 , the public long positions of Tiger Global returned more than 80% to investors.

Toast, Inc. ( NYSE : TOST ) runs a cloud-based technology platform for the restaurant industry.

TOST ranks 14th on Tiger Global Management's list of long-term stock picks.

ToST is the most expensive payments stock in its coverage.

The company's FY25 sales and marketing expense assumption was increased to $567 million from $489 million to reflect the investments the company was making in its international and vertical expansion initiatives.

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