Software-as-a-service companies with positive cash flow are well positioned for a slowing economy.
Dropbox (DBX -0.38%) 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.
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.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
