Zoom, Twilio, and Other Cloud Communications Stocks Are a Buy for 2022
It's been a wild couple of years for cloud-computing-based communications. Software that enables chat, voice, and video capabilities via the internet was a high-growth affair before 2020, but demand skyrocketed as the world has grappled with the ongoing effects of the pandemic. And now the Omicron coronavirus variant has many companies on alert again. Hence, remote communication isn't going away anytime soon.
That has left the door open for companies like Zoom Video Communications (NASDAQ: ZM) and Twilio (NYSE: TWLO) to begin disrupting the status quo in telecom. It's a crowded field with many players focusing on different specialties, but it remains an in-demand niche of the cloud computing industry. Here's how the various players relate to one another, and which are the best buys for 2022.
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Source Fool.com