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This Growth Stock Has Doubled in 2020, and It Could Still Soar Higher


There was a time when communications platform-as-a-service (CPaaS) provider Bandwidth (NASDAQ: BAND) was considered inferior to larger competitor Twilio (NYSE: TWLO) because of its tepid growth rate and the latter's best-in-breed reputation and strong clientele. But that isn't the case anymore.

Bandwidth stock has more than doubled in 2020. But don't be surprised to see the momentum continue in the coming months -- the business it is in is getting a shot in the arm in the wake of the novel coronavirus pandemic.

BAND Chart

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Source Fool.com

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