2023-10-20 08:45:00 ET
In strong economic times, companies can devote significant resources to customer acquisition. But when a recession looks to be on the horizon, such aspirations can sometimes play second fiddle to just surviving.
And for companies like Twilio (NYSE: TWLO) that specialize in customer acquisition, the challenges can be especially acute. The San Francisco-based provider of communications tools has seen its revenue growth slow and its share price tank over the past year.
So is Twilio a lost cause? Or could it be a great contrarian buy in anticipation of a turnaround? Let's find out.
For further details see:
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