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Don't Underestimate Dropbox

Software-as-a-service companies with positive cash flow are well positioned for a slowing economy.

By Travis Hoium – May 3, 2023 at 9:33AM EST

Dropbox (DBX 0.28%) is a well-known name, but the stock isn't exactly loved by investors. But that doesn't mean it isn't a great buy with strong cash flow and a falling share count. Travis Hoium dives into why he likes this stock in the video below. 

*Stock prices used were end of day prices of May 1, 2023. The video was published on May 2, 2023.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Dropbox Stock Quote
Dropbox
NASDAQ: DBX
$25.02
(+0.12%)+$0.03

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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