Value Hound
Long/short equity, small-cap, tech, solar

The Wix Train Is Not Stopping: A Multi-Bagger Opportunity

Executive summary:

  • Wix website-building platform attracts high growth.
  • Although shares are up 72% since its IPO, I expected further upside.
  • Wix proved that its growth is sustainable. Now it's just a matter of time until the company turns profitable.
  • Based on my model this is a multi-bagger opportunity in the next 1-2 years.

_________________________________ (NASDAQ:WIX) is an Israeli company based in Tel Aviv. Many times, I have walked past its headquarters, which are located in the Tel Aviv port district. I heard the name Wix for the first time a couple of years ago, from a friend of mine who was starting a bakery business and had a very good feedback on the Wix platform as he...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details