WIX - These 2 Under-the-Radar Stocks Have Incredibly Bright Futures
Focusing on stocks that are not constantly in the headlines can uncover hidden gems that the market is significantly undervaluing. The two stocks below are wildly different but have one thing in common: They don't get a lot of attention on Wall Street, despite having great track records of delivering strong growth and returns to shareholders.
Leading website creator Wix.com (NASDAQ: WIX) and UGG brand owner Deckers Outdoor (NYSE: DECK) are two quality growth stocks to consider buying right now. These two companies already have delivered market-beating returns over the last decade but each still has enormous expansion opportunities ahead.
Wix.com was founded in 2006 to make it easier for anyone to build a website. It operates as a software-as-a-service (SaaS) company, so most of its revenue comes from subscriptions. This leads to stable annual revenue streams that can turn a high profit margin.
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These 2 Under-the-Radar Stocks Have Incredibly Bright Futures