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3 Reasons to Buy Wix Stock Right Now

TheMotleyFool

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Wix (NASDAQ: WIX) has been a disappointing performer for shareholders in 2021. The stock price is down around 32% this year, while the broad market S&P 500 index is up roughly 25% as of this writing. As an investor, it is never fun to see the value of your holdings go down by 32%. However, as long as the business quality hasn't changed, large drops in the share price can provide buying opportunities for investors with a long-term time horizon. This is exactly what is playing out with Wix stock today.

Here are three reasons to buy Wix stock right now.

Image source: Getty Images.

Source Fool.com

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