Dropbox (DBX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
As someone who works remotely and creates a significant amount of content using Google Drive, I’m reminded daily about the importance of the cloud, cloud storage, and cloud storage stocks. After my first sentence, you would think that Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) would be at the top of any list I assemble regarding the best cloud storage stocks to buy. And it probably will be. However, before I do so, I need to find more names of companies making a difference in cloud storage. Note that
Dropbox's (DBX) prospects are strong, driven by an expanding AI-powered portfolio and solid partner base that includes the likes of NVIDIA.