Does Box Have Better Days Ahead of It?
Box (NYSE: BOX) is a cloud-storage and work management platform similar to Dropbox (NASDAQ: DBX) and Alphabet's Google Drive (NASDAQ: GOOG) (NASDAQ: GOOGL), but focused on large enterprises. Since its IPO in 2015, shares of the company's stock have underperformed the S&P 500 and Nasdaq index by a wide margin, leading many investors to disregard the business in favor of more exciting growth names. However, with plenty of new products getting added to the platform and consistent business growth, a turnaround may be in order for Box shares.
Is Box mounting a comeback, or is it primed to underperform the market again over the next few years? Let's take a look.
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Source Fool.com