New executive chair Jacqueline Reses is recruiting a new C-Suite at ContextLogic, hoping to make WISH a combination of Shopify, Five Below and Affirm.

This week's results may not suddenly change the sentiment around WISH stock. Yet in time, the negativity weighing it down today will dissipate.

San Francisco-based ContextLogic operates Wish, an e-commerce platform that facilitates transactions between online sellers and buyers. Think of it as a newer, smaller version of eBay. Wish allows sellers to list products on its platform and sell them directly to consumers. Wish does not stock products itself and, unlike eBay, does not manage returns when consumers are unsatisfied with what they have purchased.

WISH stock is a fast-growing e-commerce play trading at a discount, with all the hallmarks of a multi-bagger.

Even while Wish's Core Marketplace revenues are expanding across multiple continents, WISH stock remains surprisingly cheap at the moment.

ContextLogic has fallen into a slump in recent months. However, WISH stock has now fallen too far and offers investors some value here.

WISH stock has plenty of catalysts for growth including robust logistics and advertising and a focus on a billion household market.

WISH stock has been a notable name ever since the company's IPO in December, and there's reason to believe good times could be ahead.