Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why This 1 Growth Stock Should Be On Your Watchlist

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

Dropbox (DBX)

Dropbox offers a cloud-based platform that businesses and individuals can create, access and share digital content globally. It serves more than 700 million registered users across approximately 180 countries.

DBX boasts a Growth Style Score of B and VGM Score of A, and holds a Zacks Rank #1 (Strong Buy) rating. Its bottom-line is projected to rise 20.7% year-over-year for 2024, while Wall Street anticipates its top line to improve by 1.7%.

Four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.17 to $2.39 per share for 2024. DBX boasts an average earnings surprise of 13.3%.

On a historic basis, Dropbox has generated cash flow growth of 32.4%, and is expected to report cash flow expansion of 20.3% this year.

Investors should take the time to consider DBX for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

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Dropbox, Inc. (DBX) : Free Stock Analysis Report

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