Company Name: Twilio Inc
Current Price: $246
Target Price: $288.80
Projected Yield: 15%
Time Line: 1 to 3 months
Risk: Above average
About Twilio Inc
Twilio is a US company, which provides its customers from around the globe with a cloud communication platform. The platform enables making regular and video calls, sending and receiving messages, hosting conferences, etc. Developers can manage and conveniently configure communications in Twilio software applications.
What's the Idea?
Capitalize on an undervalued stock, which may rise with a good report and upgrades by the investment banks.
Buy Twilio Inc Shares >>
Why Trade Twilio Inc?
Reason 1: Impressive Q2 Report
The company reported a 46% increase in earnings compared to last year. Operating income rose to $9.50 million in Q2 2020, up from $1.50 million in Q2 2019. The company has 200,000+ active customer accounts, which is 24% more than last year.
Reason 2: Addition to a Renowned Index
The company stock will be included into MSCI US Large Cap 300 Index. This index includes the largest US companies, such as Amazon, Alphabet, Facebook, Microsoft, and others.
Reason 3: Target Price Increased on the Report
Major investment banks raised their target price for Twilio stock following the Q2 2020 report. In particular, Canaccord Genuity raised the price from $215 to $310, Wells Fargo & Co, from $250 to $315, KeyCorp, from $270 to $330, and Mizuho, from $260 to $315.
How to Use the Investment Idea
- Buy Twilio, Inc shares at $250.60.
- Allocate no more than 3% to 4% of your midterm transaction budget.
- Sell the stock when the price is at $288.80 per share.
To balance the risks carried by the investment ideas, we recommend you building a robust core portfolio. Freedom Finance analysts have picked 12 stocks for a balanced portfolio specially for you.
How to Buy Twilio Inc Shares?
If you don't have an investment account yet, open it now: this can be done online, in just 10 minutes. All you need to do is fill out a short form and verify your account.
After opening an account, you can buy shares in either of the following ways:
Freedom24 Web Platform: In the Web Terminal section, type TWLO.US (Twilio Inc ticker in the NYSE) in the search box, and select Twilio Inc 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 dialog that shows up, type TWLO.US (Twilio Inc ticker in the NYSE) and select Twilio Inc. in the search results. You will then see Twilio Inc 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.
Buy Twilio Inc. shares and get an opportunity to earn on the cloud communications!
Buy Twilio Inc Shares >>
*Additional information is available upon request. Investment in securities and other financial instruments always involves risks of capital loss. The Client should make himself aware at his own accord, including to familiarize himself with Risk Disclosure Notice. Opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Commissions, fees or other charges can diminish financial returns. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The opinions and recommendations herein do not take into account individual client circumstances, objectives, or needs and do not constitute an investment advice service. The recipient of this report must make their own independent decisions regarding any securities or financial instruments mentioned herein. Information has been obtained from sources believed to be reliable by Freedom Finance Cyprus Ltd or its affiliates and/or subsidiaries (collectively Freedom Finance). Freedom Finance do not warrant its completeness or accuracy except with respect to any disclosures relative to the Freedom Finance and/or its affiliates and the analyst’s involvement with the issuer that is the subject of the research. All pricing is indicative as of the close of market for the securities discussed, unless otherwise stated.