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When it comes to exciting, high-growth tech stocks, the 2022 bear market has been one of the worst since the dot-com bubble of 2000 blew up. Indeed, rapid-fire rate hikes were the push that sent tech stocks off a hill. However, it isn’t just U.S. tech stocks that have endured damage through the year. Israel is home to a handful of intriguing innovators that took a left hook to the chin amid this grueling bear market. Website builder Wix.com (NASDAQ:WIX) and cybersecurity software CyberArk (NASDAQ:CYBR) are two of the most interesting Israeli software stocks that may have overshot to the downside amid tech’s tumble.
Wix: A Potential Leader in the No-Code Revolution
After such a violent tumble, Wix is now one of the top Israel-based tech stocks on my radar. The company provides a wide range of services to help everyday people get their own professional website up and running.
Undoubtedly, there is a slew of website builders out there. Many web hosts offer such services on the house. What separates Wix from the pack is the ease of use and just how stunning the websites look. It’s as though a programmer well-versed in languages such as HTML and CSS designed the site from scratch.
Wix’s site builder has come a long way over the years. A wide range of templates, tools, and the ability to easily customize via Wix’s “smart drag and drop” have made the platform a top choice for many digital retailers and bloggers.
With time, Wix’s platform will become more intuitive and feature-rich. Further, the top site-builders are one of many firms that could take a big bite in the work of front-end web developers and designers, as it equips non-technical users with a growing slate of cutting-edge tools. Wix and firms like it may very well be leading the charge in what could be a no-code…
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