Alteryx (AYX) provides a subscription based platform for analytics; the stock has broken out from a ...
Top Picks 2019: Twilio (TWLO)
01/11/2019 5:00 am EST
More than two million developers around the world have used Twilio (TWLO) to unlock the magic of communications to improve the human interaction experience, explains growth stock expert Bryan Perry, editor of Cash Machine.
Twilio has democratized communications channels like voice, text, chat and video by virtualizing the world’s telecommunications infrastructure through Application Programming Interfaces, or APIs, that are simple enough for any developer to use, yet robust enough to power the world’s most demanding applications.
By making communications a part of every software developer’s toolkit, Twilio is enabling innovators across every industry, from emerging leaders to the world’s largest organizations, to reinvent how companies engage with their customers.
High-profile clients include Airbnb, Intuit, Salesforce, Uber, Twitter, eBay, Sony, Yelp, Hulu, Trulia, Dell, EMC, VMware and Lyft. The company now boasts 61,150 customers.
Twilio stock vaulted to new highs on the heels of very robust third-quarter 2018 results, in which quarterly revenue had climbed 68% year over year to $169 million, translating to adjusted earnings of $0.07 per share.
The results blew past estimates while the company guided strongly higher for Q4 2018. Additionally, the company received FTC approval on its $2 billion acquisition of SendGrid in October that will be immediately accretive to earnings.
The stock pulled back off of the post-earnings high of $100.47 with the market's correction and trades in the low $80's where I want to get involved. Let’s get long in Twilio for 2019!
Related Articles on TECHNOLOGY
Inevitable downturns are part of the investment process; however, we see no reason to alter our enth...
One of the most difficult aspects of picking stocks riding the fast-money waves is to know when a pa...
Cognizant Technology Solutions (CTSH) began operations in 1994 as an in-house technology development...