Shares That Can Double Your Money - Twilio

Although the COVID-19 pandemic has wreaked havoc in various industries and markets, Twilio (NYSE: TWLO) and Fulgent Genetics (NASDAQ: FLGT) generated 228 percent and 317 percent returns in 2020, respectively. Both businesses have taken steps that will continue to benefit them in the future. These smart moves provided the right conditions for doubling your savings in 2021.

1. Twilio

Digital communication, which was on the rise in the days before the pandemic, is now inevitable. Twilio has achieved a very successful position by enabling companies to create effective communication services by taking advantage of the consumer interaction platform. The company's core offerings include applications of communication program interfaces (APIs, which are building blocks used by software developers to easily embed into customer applications), platform services, application services (applications such as contact center platform Flex and Authorization service (Authy)). Much of the growing demand from Twilio's tele-examination, education, e-commerce, mass communication and financial services segments, which is caused by the epidemic, will likely continue.

Twilio also reported a healthy dollar-based net expansion (DBNER) of 137 percent in the third quarter.

Besides this robust metric, what really sets Twilio apart from its competitors like Bandwidth and Vonage Holdings is the developer and fast solution-building responsiveness it gives to the community using the management platform. In addition to direct developers' feedback, the company is also keeping an eye on new use cases on its platform. This helps Twilio identify trouble spots. This information can be used to improve existing product or launch new products. Twilio's recent acquisition of leading customer data platform Segment means a move to focus more on data-driven solutions. The segment allows companies to create a holistic picture of their customers by combining the data collected in various channels.

In the third quarter, total revenue increased by 52 percent to $ 448 million compared to the same period last year.

Developers who use Twilio's products and services can easily achieve personalized and effective customer engagement in these channels. All of these strategic initiatives are reflected in Twilio's excellent financial performance. In the third quarter, total revenue increased by 52 percent compared to the same period last year to $ 448 million. The company also managed to surprise the market by reporting a small adjusted profit for the third quarter. Twilio has a target of + 30 percent organic annual revenue growth for the next four years, a long-term adjusted gross margin of over 60 percent and a long-term adjusted operating margin of over 20 percent. The company is committed to investing in what it does well. However, they also expect operational losses in 2021. These losses will only cause a short period of pain. Investors will reap the benefits of these investments in research, development, infrastructure and commercialization for many years to come. Twilio trades at a sales-to-price (P/S) ratio higher than 35, and it definitely doesn't look cheap. However, investors can pay this price to the company, which has a dominant position in customer loyalty in the ever-expanding market, in order to gain a solid return in the coming years. Shares That Can Double Your Money - Twilio

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