The One Tech Stock Value Investors Should Buy Right Now
Dropbox (NASDAQ: DBX) has been a huge disappointment for shareholders since going public in 2018. Since its initial public offering (IPO) in 2018, the stock is down over 10%, while the S&P 500 index is up almost 74% in that time period. After reporting its third-quarter results on Nov. 4, Dropbox's stock has taken quite the tumble and is now down 15% in the past month.
Returns for Dropbox shareholders have been lackluster. However, the business is actually doing quite well right now, providing a buying opportunity for long-term investors. Here are a few reasons why value investors should buy Dropbox stock right now.
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Source Fool.com