According to a report, the global market for Website Builders is estimated to grow at nearly 9% CAGR to reach $2.7 billion by 2026. Israel-based Wix.com is a leading player in the sector that is focusing on a partner strategy to drive growth.

The company continues to release new products and services to help small businesses expand their online presence.

I've been analyzing SaaS companies for over a decade, and PaaS companies for several years; based on this body of work here is a shortlist of 25 cloud stocks that I think would be worth buying.

For the fourth quarter, Wix expects revenues of $324-$333 million, while the market forecast revenues of $328.4 million.

Israel-based Wix.com is seeing strong growth as it continues to support smaller businesses to expand their digital presence amid the current Covid crisis.

Wix.com came out with a quarterly loss of $0.28 per share.

Israel-based Wix.com has seen significant expansion due to the recent COVID crisis. The company recently reported its first-quarter results that surpassed market expectations.

The economy is picking up steam online, instead of on Main Street, building towards a hidden recovery.

Wix is in the right place at the right time. The company has a proven track record of execution, generating consistent performance over the long term.

Israel-based Wix.com which helps small businesses set up their websites has seen a significant surge in its revenues as businesses have shifted rapidly to the digital solution.

The current global lockdown conditions have spelled a boom for cloud-based and web enabled services. One such company benefiting from this growth is Israel-based Wix.

For the quarter, Wix’s revenues grew 27% over the year to $174.3 million, ahead of the market’s forecast of $173 million. It reported a net loss of $0.62 per share.

November isn’t shaping up to be much better than October. The Nasdaq Composite Index fell back into correction territory on Monday, pulled down by major tech stocks.

The tech sector is hip, it’s edgy, even the word ‘tech’ has a buzz cachet to it – but for investors, the real question is, do tech stocks deliver?

Using the updated stock screener from the generated results, these 10 stocks stood out. Bear in mind the analyst consensus is based on ratings from the last three months.

The stock market had a weak open but a strong close. On the heels of ratcheting and heating rhetoric between North Korea and the U.S., the S&P 500 (SPY) gapped down close to its low from the July 27th quick swoon.