A Hot Growth Stock to Buy This Earnings Season

Harsh Chauhan, The Motley Fool
·3-min read
A Hot Growth Stock to Buy This Earnings Season
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.