Shareholders of Twilio (NYSE: TWLO) stock enjoyed a 220% price gain in 2020 as the coronavirus accelerated corporate digital transformation plans. But if you think you’ve missed out on buying into this soaring stock, you’d be wrong. This customer engagement platform is well-positioned to post strong growth for many years to come.
Let’s dive into the business and find out why it’s my best cloud computing stock for 2021.
Twilio started as a way for software developers to create computer-generated messages through text and voice calls, but it has since expanded way beyond its original business. With a series of acquisitions and a culture of innovation, it’s become a powerful customer engagement platform.