Twilio and AppLovin are top stock picks expected to outperform, showing positive potential.

From Zacks Investment Research: 2024-12-30 15:18:22

Twilio Inc. (TWLO) is a Cloud Communications Platform-as-a-Service company benefiting from digital transformations and hybrid working trends. The company’s strategic acquisitions and investments are enhancing its product portfolio and global presence. Twilio’s focus on introducing new products and cost-saving initiatives is driving profits and margins. Analysts and investors are watching closely for its upcoming earnings disclosure, as the stock has surged 98.9% in the past six months. AppLovin Corporation (APP) provides a technology platform for developers to market, monetize, and analyze apps. The company has outperformed the Zacks S&P 500 composite and its sector, with a year-to-date return of 741.1%. AppLovin is expected to post earnings growth of +159.2% for the current quarter, with a Zacks Rank #1 indicating potential outperformance in the near term.



Read more at Zacks Investment Research: Top Stock Picks for Week of December 30, 2024 – December 30, 2024