Wix.com Ltd. (WIX) Is a Trending Stock: Facts to Know Before Betting on It
Wix(WIX) ZACKS·2024-06-13 22:34
Shares of this cloud-based web development company have returned +22.8% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Computers - IT Services industry, to which Wix.com belongs, has lost 0.3% over this period. Now the key question is: Where could the stock be headed in the near term? Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by t ...