Why I Am Upgrading Wix.com (NASDAQ:WIX)
WixWix(US:WIX) Seeking Alpha·2025-12-03 16:08

Core Insights - The article discusses the transition of the 420 Investor service to Seeking Alpha, highlighting its historical focus on cannabis stocks and the resources provided to investors [1] - The analyst upgraded Wix.com Ltd. (WIX) from Sell to Hold after a significant decline in stock price, indicating a reassessment of the company's Q3 performance [1] Company Overview - 420 Investor was launched in 2013, coinciding with Colorado's legalization of cannabis for adult use, and has been a key player in providing insights into the cannabis sector [1] - Alan Brochstein, a prominent figure in cannabis investment, founded AB Analytical Services in 2007 and has been managing the 420 Investor group since its inception [1] Investment Analysis - The article emphasizes the comprehensive coverage of 20 cannabis stocks, including earnings previews and analyses, model portfolios, and regular updates through videos and newsletters [1] - The upgrade of Wix.com Ltd. reflects a strategic shift in the analyst's outlook based on recent financial performance [1]