This Growth Stock Has Soared 140% in 2020, But Can it Go Higher?

Twilio (NYSE: TWLO) set the stock market on fire in the first half of 2020 despite getting off to a tentative start on account of terrible bottom-line guidance that left investors panicking in February. The novel coronavirus pandemic seems to have given the cloud communications specialist's business a shot in the arm as it provides a service that enables organizations to sustain their contact center operations remotely. Twilio has sent investors' expectations soaring after its first-quarter report that was released at the beginning of May. A big portion of the stock's gains has been recorded over the past couple of months after the release of the first-quarter earnings report, as evident from the chart above. Read More...