A Hot Growth Stock to Buy This Earnings Season
Cloud communications specialist Twilio (NYSE: TWLO) has switched into a higher gear during the pandemic after severely underperforming the market in 2019, with the COVID-19 crisis creating the ideal conditions for the company's business to thrive.
As of this writing, Twilio shares have tripled in 2020 as the shift toward remote work has triggered a jump in demand for the company's offerings. More organizations are shifting their contact centers from physical locations to the cloud in a bid to maintain the continuity of their operations, helping Twilio deliver impressive quarterly results in recent months.
With the latest earnings season already underway, Twilio investors can expect more good news when it releases its third-quarter results on Oct. 26. Let's see why.
Source Fool.com
