- Wix.com Ltd. is an Israeli software company, providing cloud-based web development services.
- I make sense of SA's red alert targeting the stock after its downtrend, normally indicative of high risks.
- The third quarter's guidance has been revised downwards, but annual growth for 2021 is still projected to be in the double digits.
- As for EBIT margins, the company faces competition, but the ingredients to generate more profitability are there and need to be closely watched when results are announced on November 11.
- The company should be on investors' watch-list for its ability to retain customers, as well as better cash and debt metrics.
For further details see:
Wix.Com: Should Definitely Be On Your Watchlist For The Medium Term