This Hot Growth Stock Is a Screaming Buy Amid the Market Crash
There was a bloodbath on the stock market on May 4 as the Dow Jones Industrial Average shed over 1,000 points, or 3.12%, in what was the worst single-day drop for the index since 2020. Tech stocks also took a big beating, with the Nasdaq Composite down nearly 5% in a single session.
Shares of cloud communications company Twilio (NYSE: TWLO) certainly felt the broader market sell-off, losing 1.5% of their value. Twilio's drop, however, wasn't as severe as that of the broader market thanks to the company's stronger-than-expected first-quarter 2022 results, which were released after the market closed on May 4. Let's look at Twilio's latest numbers and see why it may be a good idea to buy the stock right now.
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Source Fool.com
