12 AI Stocks Every Investor Should Be Watching

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10. Twilio Inc. (NYSE:TWLO)

Number of Hedge Fund Holders: 73

Twilio Inc. (NYSE:TWLO) is one of the 12 AI Stocks Every Investor is Watching. On June 15, Jefferies analyst Samad Samana raised the firm’s price target on the stock to $132 from $122 and kept a “Hold” rating on the shares.

The analyst told investors in a research note how investors have been debating whether growth can accelerate against second-half of the year comparisons. They are wondering whether gross margins will rebound or if healthy EBIT beats are sustainable.

According to the firm, growth acceleration for Twilio is achievable and makes for a “good tactical setup” in the shares. However, it doesn’t think that most bullish assumptions are achievable.

Twilio Inc. (NYSE:TWLO) is a leading cloud communications platform-as-a-service (CPaaS) company.

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