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. 

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