#5 - Wix.com (NASDAQ:WIX)
Wix.com (NASDAQ:WIX) is a play on the infrastructure that gig workers need. After all, once you decide to shift to remote or freelance work, you have to let people know you’re open for business. For many professionals, getting the word out means having a professional-looking website. That’s where Wix.com comes in.
Even if you’re not a multi-million dollar company, Wix helps you build a site that looks like you do. WIX stock has been trading in a narrow range since surging to its 52-week high in the pandemic aftermath. And the company disappointed investors on the bottom line in its most recent earnings report.
Nevertheless, if you believe in the future of remote work, it’s only a matter of time before WIX stock will power forward. That’s because Wix generates a good portion of its revenue from premium subscribers, and that is a trend that is trending in the right direction.
About Wix.com
Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers.
Read More - Current Price
- $221.37
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 15 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $210.71 (4.8% Downside)
