5 Remote Work Stocks to Buy Now

3. Twilio Inc. (NYSE:TWLO)

Number of Hedge Fund Holders: 96   

Twilio Inc. (NYSE:TWLO) owns and runs a cloud communications platform. One of the benefits of the platform for remote work is that it allows developers to integrate customer engagement and management tools within the software applications. 

Twilio Inc. (NYSE:TWLO) recently posted earnings for the third quarter, reporting earnings per share of $0.01, beating estimates by $0.15. The revenue over the period was $740 million, up 65% year-on-year. 

Among the hedge funds being tracked by Insider Monkey, California-based investment firm SCGE Management is a leading shareholder in Twilio Inc. (NYSE: TWLO) with 2.7 million shares worth more than $887 million.