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3 Cloud Stocks That Could Go Parabolic

3 Cloud Stocks That Could Go Parabolic

Plenty of high-growth cloud stocks skyrocketed in value over the past two years, yet quickly surrendered all those gains this year as rising interest rates drove investors back toward more conservative investments. Twilio's (NYSE: TWLO) cloud-based communication platform handles text messages, voice calls, videos, and other integrated features in mobile apps. Instead of building those features from scratch -- which can be buggy, time-consuming, and difficult to scale as an app gains more users -- developers can outsource the work to Twilio with just a few lines of code.