1 Stock Slumped Despite Strong Earnings. Should You Buy the Dip?
Twilio (NYSE: TWLO) dropped nearly 18% after it reported relatively strong earnings after the market's close on Oct. 27. The business saw strong growth in revenue, but other factors led to the drop.
With the goal of becoming the leading customer engagement platform, Twilio makes it easy for enterprises to communicate with customers --whether it is by text, email, or call. It can be very appealing to buy high-quality companies at discounts like Twilio right now, so should you be buying the dip?
Image source: Getty Images.
Source Fool.com