Semtech and Toast stocks are recommended for long-term investment with strong growth potential.
From Yahoo Finance: 2025-06-19 09:00:00
Semtech (SMTC) is a chipmaker valued at $3.5 billion, specializing in analog/mixed-signal semiconductors and IoT systems. Despite a 32% year-to-date drop in stock price, strong Q1 results show a turning point post-pandemic. Revenue increased 22% to $251.1 million, with segments like AI, IoT, and LoRa driving growth.
Toast (TOST), a cloud-focused tech company valued at $21.1 billion, offers an end-to-end platform for restaurants. With 140,000 locations on the platform and annual recurring revenue up 31% to $1.7 billion, Toast is transitioning to consistent profitability. Despite a high forward earnings multiple, analysts predict strong revenue and earnings growth.
Wall Street analysts rate Semtech stock a “Strong Buy” with significant upside potential of 34% from current levels. Toast stock is a “Moderate Buy,” with a 3.6% upside potential based on the mean target price. Both companies offer promising growth prospects at reasonable valuations, making them attractive for long-term investment strategies.
Read more at Yahoo Finance: 2 Outstanding Stocks Under $50 to Buy and Hold Now