Cloud communications provider Twilio (NYSE: TWLO) has been one of the hottest stocks on the market during the past six months, clocking incredible gains of 94% as of this writing thanks to the company’s improving growth profile, as well as the incredible addressable market it can tap. The good part is that Twilio stock remains attractively valued even after the impressive gains in recent months. Twilio trades at a reasonable 26 times forward earnings, which is a discount to the Nasdaq-100’s earnings multiple of 32 (using the index as a proxy for tech stocks).
This article was originally published here.
