Reported 3 days ago
Jericho Capital Asset Management has identified Twilio Inc. (NYSE:TWLO) as one of its top stock picks, investing over $301 million in the company during the fourth quarter of 2024. Despite recent financial challenges, including a decline in stock value after an earnings miss, Twilio has shown significant revenue growth and achieved its first GAAP operating profit. The company is positioning itself for long-term success in the cloud communications sector with a focus on operational discipline and digital innovation.
Source: YAHOO