(snip).
Sometimes the prudent thing to do is to say, “I need more data points.” I like Wix. I like what it does and I like the moat it is building and I like the model. Unfortunately, it is no dusty corner. If growth rates compress next year, which is the published consensus, then the shares are a bit rich for my taste. And if the new product initiatives create more value than the consensus forecast, there is still some - but not huge positive alpha up ahead. I would like to conclude with a buy recommendation. But I simply haven’t enough confidence that growth will not compress to get to that point at this time.<<
https://seekingalpha.com/article/4073299-wix-com-high-wide-h…
I am interested in this stock and would like to hear what others have to say on this. I also have a few shares of SHOP and TLND.
Cheers.
alpha