Bull Of The Day: Dropbox (DBX)

This enterprise is right in the sweet spot for a potential buyup by a larger tech conglomerate. The stock has fallen to an attractive price and a market cap of $8 billion. This would be a reasonable price to pay for the business’s 600+ million users and its cloud infrastructure.

Take Away

Dropbox is a younger growth company that is toeing the line of profitability, the quintessential high-risk high-reward profile. I wouldn’t allocate a significant amount of my portfolio for DBX, but I would make some room for this cloud stock as its future brightens. 

1 2
View single page >> |

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.