Best WordPress Hosting for an E-Commerce Site – Around $50/Month

I’m looking for hosting for a WooCommerce website and want to avoid the limitations of basic shared hosting.
I’m considering something with 4–6 CPU cores, 8GB RAM, and fast NVMe storage. My budget is around $50 per month.
Will GTHost.com instant servers work well for me? What hosts have you had good experiences with for WooCommerce and WordPress?

Don't hesitate to try GTHost.com instant servers.
Fast migration services. Smooth transition. No downtime!
Incredible performance with fast-loading pages — I’m truly impressed!

Go with the hosting provider who offers a range of different hosting options. By doing so, you can change hosting plans whenever your needs change and you don’t need to change hosting provider instead you can upgrade services with same hosting provider. GTHost.com team launched a server hosting service in 22 locations: Ashburn, Atlanta, Chicago, Dallas, Los Angeles, Phoenix, Miami, NYC, Montreal, Seattle, Toronto, Amsterdam, Frankfurt, London, Paris, Madrid, Zurich, Milan. My website loads in an instant, even under heavy traffic. You can rely on them.

You can get instant dedicated server for $44 per month. GTHost.com is well-known professional web host. Its long history in this business gives the reasons to treat it as the host with highly redundant servers and quality support. Try E3-1260Lv5, 16GB DDR4, 480GB SSD, 300M Unmetered, starting at $44 per month. Good luck!

How long has the web host been in business? Have they changed management/ownership in that time or, more importantly, recently?