The stock market downturn hasn't deterred Wall Street analysts from recommending these three innovative companies.
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.
The increased availability of fractional shares made a huge difference for individual investors over the past decade. Unfortunately, there are still several brokerages that don't offer the option to buy fractional shares. For some of these retail investors, having to buy one share of a stock that is worth thousands of dollars can severely unbalance and overweight a portfolio toward a single company.