3/16/2023 0 Comments Dropbox stock insider srll off![]() Compelling Growth Potential for DBX Stockĭropbox stock is supported by compelling long-term growth potential in the hybrid work environment of the future. Embrace it.Įspecially in DBX stock, because this stock is one of the few tech stocks that’s already in deeply undervalued territory and is ready to reverse course in a big way. So don’t run away from recent weakness in tech stocks. That is, technology continues to disrupt every facet of our daily and professional lives, at an accelerated pace today because of Covid-19, and these companies’ influence, revenues and profits will only go way higher over the next 5 to 10 years. When they do, the sell-off will end, and the longer-term rally will resume, because the fundamentals underlying tech stocks remain as robust as ever. They’ll get to those more reasonable valuation levels. Eventually, gravity kicked in, and the result is a rapid sell-off in tech stocks to more reasonable valuation levels. They kept pushing higher and higher and higher, to more and more extreme valuations. For months, these stocks could do no wrong. ![]() There’s nothing wrong with tech stocks besides the fact that they rallied too much. ![]()
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