Twilio Inc. (NYSE:TWLO) is one of the stocks Jim Cramer shared his thoughts on. A caller asked for Cramer’s thoughts on the company, and in response, Cramer said:
“Alright, this is really hard because they’ve made a comeback. They’ve made a comeback, and a lot of people are talking positive about their product, but right now, I am negative about this space they are in, about cloud computing. It’s not really a SaaS business and… I will say this, I think it’s had a really big run, and that that’s just been a terrific opportunity to be able to maybe take some off the table. You know, I wish I could be more positive, but what a run it’s already had.”
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Twilio (NYSE:TWLO) provides customer engagement solutions through APIs and software for messaging, voice, email, marketing, and user authentication. Additionally, the company offers tools to unify real-time data and personalize interactions using contextual insights and AI capabilities.
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Disclosure: None. This article is originally published at Insider Monkey.