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The Website Builder That Got Punished Like Growth Was Cancelled

This one has been treated like yesterday’s software story, even as small businesses keep needing to sell, book, and market online.

The stock is down hard, expectations are low, and that is exactly when a clean quarter or two can change the tone fast.

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Paymentus | PAY

Price: $27.50

Paymentus is a niche payments name that lives in a less flashy, but sticky corner of fintech: helping large billers and service providers accept digital payments smoothly.

The stock is down about 7% over the past year, trading near $29 and sitting well below its $40 high.

At a high P/E and mid single-digit billions market cap, the market is basically saying: we like the business, but we are not paying up unless growth stays durable.

That is the tradeoff with payment software platforms that look “safe” on the surface. They can be consistent, but they also get punished if growth decelerates or if margins fail to expand.

The upside here is that Paymentus has the kind of product that becomes infrastructure. Once a biller integrates a payments system, they rarely rip it out unless something goes wrong.

If Paymentus keeps landing new customers and expanding within existing ones, the stock can work even without hype.

Why it matters for you: PAY is a steady compounder candidate, not a lottery ticket. If growth stays consistent and margins improve, it can grind higher.

If growth slows, the valuation can stay tight.

CyberArk | CYBR

Price: $429.30

CyberArk remains a premium cybersecurity name, up roughly 24% over the past year and trading around $440.

It is still below its $525 high, but the market continues to treat it like one of the category leaders that investors trust when security budgets tighten.

The core idea is privileged access management, which is becoming more important as enterprises juggle cloud sprawl, vendor access, machine identities, and AI-driven automation inside IT environments.

This is not a nice-to-have. It is close to the crown jewels of enterprise security. That is why CyberArk tends to hold up better than the “point solution” crowd when risk appetite fades.

The risk is valuation compression and expectations.

Even great security companies can get clipped if the market decides it wants cheaper software, or if bookings momentum slows. But relative to most cybersecurity, this is still one of the higher-quality stories.

Why it matters for you: CYBR is a quality leader in an essential category. It may not be cheap, but it can act like a defensive growth name if security spending stays resilient.

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Duolingo | DUOL

Price: $139.45

Duolingo’s chart is wild. The stock is down about 56% over the past year and trading near $147, basically sitting on its $142 low and miles away from the former $545 peak.

That kind of move is not a normal pullback. It is a full reset in what investors were willing to pay for the story.

The business, though, still has a powerful consumer brand, strong engagement, and a product that benefits from habit and gamification.

The market is not doubting that people want to learn languages.

It is debating whether the company can keep scaling profitably at the pace investors once priced in, and whether competition or marketing costs eventually bite.

At these levels, the setup becomes more interesting because expectations are no longer heroic.

DUOL does not need perfection to bounce, it needs evidence that growth and monetization are holding up, and that margin expansion is real.

Why it matters for you: DUOL is a classic sentiment swing stock. If execution stays strong, the rerate can be sharp. If growth slows, it can keep chopping at the lows.

ZoomInfo | GTM

Price: $8.18

ZoomInfo, now showing as GTM in your data, is still the same basic pitch: sales and marketing teams pay for better go-to-market data, insights, and workflow tools.

The stock is down about 12% over the past year and trades near $8.76, close to its $7.01 low and well below the $12.62 high.

This is what mature software pain looks like.

The product can be useful, but budgets have been scrutinized, churn risk rises, and the market punishes any business that feels discretionary.

The bull case is that GTM tools become more mission-critical as companies demand efficiency from sales teams.

The bear case is that competition and procurement pressure keep pricing and retention under strain.

At under $10, this is the type of name traders love because any sign of stabilization can trigger a fast move. Long-term investors want to see durable retention and a path to steadier growth.

Why it matters for you: ZI is a rebound setup, not a trust-the-multiple story. If churn improves and growth stabilizes, upside can come quickly.

If not, it stays a value trap in software clothing.

Wix | WIX

Price: $89.97

Wix is the anchor story today, and the setup is the stock has been punished like the future is permanently broken.

Shares are down about 67% over the past year, trading near $80 and sitting just above the $75 low, versus a $247 high.

That is not a small rerating, that is the market ripping the premium out of the model.

What gets lost in that kind of drawdown is that Wix is still a core tool for small businesses and creators.

When entrepreneurs need a storefront, booking, payments, and marketing tools bundled into one platform, Wix is still in the conversation.

The question is not whether the product matters.

The question is whether growth can re-accelerate, and whether margins can expand enough to remind investors this is a cash-flow story, not just a website story.

At this price level, the bar is lower. Wix does not need to become the hottest software name again.

It just needs to show steadier execution, cleaner efficiency, and evidence that demand is not fading. If it does, the stock can rerate because the starting point is already harsh.

Why it matters for you: WIX is a low-expectations turnaround bet. If management proves the model can produce durable cash flow with disciplined spending, the upside can be meaningful.

If growth stays sluggish, the stock can remain stuck in the penalty box.

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📊 Stat of the Day: $2.91

U.S. gas prices are down to $2.91 per gallon, the lowest level since March 2021, and about 43% below the June 2022 peak of $5.11.

Best Regards,
—Noah Zelvis
Everyday Alpha