Is Dropbox Stock a Buy?
Dropbox (NASDAQ: DBX) went public in March 2018 at $21 per share, surged to nearly $40 just three months later, then gradually gave up those gains and settled back to the low $20s. The cloud storage service provider initially impressed the bulls with its robust growth in users and revenue. But after a few quarters, its decelerating growth, lack of profits, and narrow moat attracted the bears.
For now, Dropbox's fate remains uncertain as its stock hovers near its IPO price. Let's take a fresh look at this oft-overlooked cloud player to see if it's more attractive to the bulls or bears.
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Source Fool.com
