Twilio, a High Growth Stock in Low Growth Market
Video: Mad Money’s Jim Cramer sits down with Twilio CEO Jeff Lawson as they discuss the company’s recent IPO, company’s unique business model and excitement about the company.
The company offers cloud communication platforms. The company enables developers to build, scale and operate real time communications within software applications. It’s programmable communications cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications via its Application Programming Interfaces (Company business description taken from its business profile via CNBC.com).
Just think of Twilio as the company behind very popular apps such as Uber, WhatsApp, Twitter, eBay, Netflix and Facebook. For a entire list of its impressive customers, here’s a link:
Since the company’s IPO at the end of June, the stock has risen 68.7% in a three month period with a 52 week high of $70.96. As of Thursday morning, the stock was at $61.98.