Full Company Name: Twilio Inc
NYSE Ticker: TWLO
Current Price: $227
Entry Point: $228.80
Target Price: $249
Projected Yield: 8.3%
Time Line: 1 to 3 months
Twilio Inc is a cloud platform developer based in California. Twilio enables making and receiving calls through software, as well as send and receive text messages and perform other communications through web API.
What's the Idea?
With the news background, the stock has approached the entry point at $31.30, with around 8,3% yield potential.
● Northland Securities leaves the Outperform rating unchanged.
● Twilio's CFO has recently said the general outlook is "moderately optimistic", especially in terms of e-commerce, healthcare, education, and charity sectors.
● The company highly values the unique TWLO market position.
How to Buy Twilio Stock
There are two ways to do that:
Freedom24 Web Platform: Go to the Web Terminal Section, type Twilio or TWLO (Twilio NASDAQ ticker) in the search box, and select TWLO.US in the results. Open a secure session in the trading window on the right, select the number of shares you want to buy, and click Buy.
Freedom24 iPhone App: Go to the Price screen and tab the search icon in the top right corner. In the search box that shows up, type Twilio or TWLO (Twilio NASDAQ ticker) and select TWLO.US in the results. You will then see Twilio stock in the market watch; tap it and go to the Order tab in the dialog that shows up. Specify the number of shares you want to buy and click Buy.
Twilio is trading in the NASDAQ, a US stock exchange, which means you need US dollars to buy it. If your account currency is different, you need to convert your funds to USD. To do so, go to Web Platform > Account Balance in the trading platform, or select My Portfolio > Free Margin in your Member Area. Then, click the Convert green button near the USD box, specify the amount, and confirm your transaction. You can find more on converting currencies through Freedom24 web platform here.
You can also convert euros to US dollars via the Freedom24 app: go to Portfolio, select Currency Exchange, specify the amount, and confirm your transaction.
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