Is Box Stock a Buy in 2020?
When it comes to growth investing, the prospect of creating significant wealth is more than enticing. However, there are some stocks that underperform broader markets despite posting stellar top-line growth. One such company is Box Inc. (NYSE: BOX).
Box provides a content management platform, enabling businesses to manage enterprise content. Using its SaaS (software-as-a-service) cloud-based platform, users can easily collaborate on content with internal and external parties. The platform can also automate content-driven processes, develop custom applications, and implement data protection and compliance features. But the market has been slow to recognize its value: Here's a snapshot of Box's performance against two widely-followed exchange-traded funds (ETFs) since its initial public offering:
Source Fool.com