- Shares of Box have vastly outperformed both the S&P 500 and fellow tech stocks this year, neither gaining nor losing substantial value since January.
- The company just released strong Q1 results that showed an acceleration in revenue growth, despite continued FX headwinds.
- Box is succeeding at selling multi-product deals and convincing its customers to adopt the full Box Suite.
- Still trading at <4x forward revenue, Box remains cheap especially with its active share buyback program.
For further details see:
Box: The Tech Stock To Shelter In During A Volatile Market