5 Stocks to Buy According to Daniel Kim’s Blackcrane Capital

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1. Wix.Com Ltd (NASDAQ:WIX)

Stake Value of Blackcrane Capital: $14,084,000

Percentage of Blackcrane Capital’s 13F Portfolio: 17.19%

Number of Hedge Fund Holders: 35

Wix.Com Ltd (NASDAQ:WIX), together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. As of December 31, 2019, the company had approximately 165 million registered users and 4.5 million premium subscriptions. Wix.Com Ltd (NASDAQ:WIX) was founded in 2006 and is headquartered in Tel Aviv, Israel.

This September, Piper Sandler analyst Clarke Jeffries initiated coverage of Wix.Com Ltd (NASDAQ:WIX) with a Neutral rating and a $252 price target.

According to Q2 filings, Mr. Kim has stakes in excess of $14 million in Wix.Com Ltd (NASDAQ:WIX). The investment covers an astounding 17.19% of Mr. Kim’s 13F portfolio.

You can also take a look at Eagle Capital’s Top 10 Stock Picks and Billionaire Nicholas Pritzker’s Tao Capital’s Best Stock Ideas.

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