Twilio will connect you with even more gains

Article Excerpt

Twilio has skyrocketed since its 2016 IPO and for good reason. The company is focused on a rapidly expanding area: it provides the building blocks that its customers and their software developers need to integrate voice calling, text messaging, video, web, mobile chat and, more recently, email. The company, in fact, spends a very high 33.3% of its sales to stay ahead of the competition but also to keep winning promient new customers. Even in today’s uncertain business climate, Twilio’s array of communications offerings is seeing increased demand as COVID-19 forces employees to work remotely. As well, with e-commerce use expanding, the company’s products and services are in great demand. That’s why we see Twilio as a buy for your future gains. TWILIO INC., $187.42, is a buy. The company (Nasdaq symbol TWLO; TSINetwork Rating: Extra Risk) (www.twilio.com; Shares outstanding: 128.6 million; Market cap: $26.6 billion; No dividends paid) offers a key service to software developers who create mobile apps. Its own software is used to connect…

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