Better Stock: Twilio (TWLO) vs. Line Corp. (LN)
Twilio (NYSE: TWLO) and Line (NYSE: LN), two major tech IPOs of 2016, both had rocky market debuts. Twilio went public at $15 last June, surged to the mid-$60s three months later, then stumbled back to the mid-$20s. Line went public at $32.84 in late July, rallied above $48 three months later, dropped back below its IPO price, then eventually rebounded to the low $40s.
Line fared better this year, with its 27% gain easily outpacing Twilio's 12% decline. But is either stock worth owning in today's frothy market? Let's take a closer look at their core businesses, growth rates, and valuations to decide.
Image source: Getty Images.
Source: Fool.com
Twilio Inc Stock
€55.02
2.620%
Currently there is a rather positive sentiment for Twilio Inc with 31 Buy predictions and 7 Sell predictions.
With a target price of 65 € there is a slightly positive potential of 18.14% for Twilio Inc compared to the current price of 55.02 €.
