FLGT - 2 Stocks That Could Double Your Money in 2021
Twilio (NYSE: TWLO) and Fulgent Genetics (NASDAQ: FLGT) delivered returns of 228% and 317%, respectively, in 2020, even as the COVID-19 pandemic wreaked havoc on various industries and (for awhile) the market. Both businesses made some smart moves in 2020 that should continue to benefit them well into the future -- putting them in a great place to potentially double your money in 2021.
Digital communication, which was already growing in prominence in pre-pandemic days, is now unavoidable. Twilio has had much success leveraging its consumer engagement platform to enable companies to build impactful communication services. The company's core offerings include communication application programming interfaces (APIs, which are building blocks used by software developers to easily embed services into customer applications), platform services, and application services (such as contact center platform Flex and authorization service Authy).
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2 Stocks That Could Double Your Money in 2021