Twilio (NYSE: TWLO), a company specializing in customer communication, has had a rough year. Down over 71% year to date, the stock has lost more value than even the worst stock in the S&P 500 index. However, I think this could be an overreaction.
Driving this fall isn't business performance or a scandal. Instead, it was a stock that got too far ahead of itself. Now, the stock has swung too far in the bearish direction, and investors should consider picking up this top-tier performer before the pendulum swings in the other direction.
Most people have interacted with Twilio's product without ever knowing it. If you've ever received a text on your phone to remind you of an appointment, or inform you your ride has arrived or that your flight has been delayed, chances are Twilio's product powered that text message.
Source Fool.com