2023-08-16 06:32:00 ET
In the short run, there's no telling what an individual stock will do. Shares of terrible companies can rally, and shares of great companies can crumble.
In the long run, a stock's performance is ultimately tied to the underlying company's performance. A company that grows revenue and profit for years on end is likely to produce a solid result for investors. While there are no guarantees, Twilio (NYSE: TWLO) and DigitalOcean (NYSE: DOCN) look capable of doing exactly that.
Cloud communications provider Twilio has done an about-face this year. Growth has slowed dramatically amid a tough economic backdrop, putting an end to Twilio's growth-at-all-costs era. Profitability is no longer something that can be ignored.
For further details see:
2 Growth Stocks You Won't Regret Buying