Twilio Investors: A 2020 Survival Guide
Last year was ho-hum for Twilio (NYSE: TWLO) investors. Shares of the leading in-app communications specialist rose a modest 10% in 2019, sorely lagging the overall market's headier advance. Twilio was a rock star before losing to the market last year. The shares more than tripled in 2018, soaring 278% as one of the market's best performers. It's already off to a strong start in 2020, handily beating the market with its 23% return. Twilio has already more than doubled last year's gain, and it's only January.
The strong start to 2020 might not be a fluke. The new trading week kicked off with two analysts raising their price targets on the stock as a third initiated coverage of Twilio with a bullish rating. Let's take a look at how the year ahead can play out during what's shaping up to be a monster year for Twilio.
Image source: Twilio.
Source Fool.com
