Box Shares Rise 39% Year to Date: How Should Investors Play the Stock?

Box, Inc. (BOX) shares have surged 39.2% year to date, outperforming the Zacks Computer and Technology sector’s appreciation of 27.5% and the Zacks Internet Software industry’s return of 31.2%.BOX shares have also outperformed peers like 8x8 Inc. (EGHT) , BlackLine (BL) and Five9 (FIVN) . In the same time frame, BlackLine shares have returned 0.5%, while 8x8 and Five9 shares have lost 15.9% and 47.9%, respectively.BOX’s strong performance can be attributed to impressive top-line growth, expanding clientele ...