Wix.com WIX showcased its latest offering, AI Site Generator, and AI-powered features designed to improve website building and management. These capabilities use the power of AI to automate various website creation processes, allowing businesses to grow and operate more efficiently.
The AI Site Generator allows Wix users to define their vision and generate a professional and unique website tailored to their needs. The generated website includes the home page and all internal pages, complete with text, images and various business solutions, such as stores, reservations, restaurants and events. Users can further customize the website using integrated AI tools.
The upcoming feature also includes an AI assistant tool that uses analytics and site trends to suggest improvements and develop personalized strategies for businesses to manage your business. AI Page and Section Creator allows users to quickly add new pages or sections to their website by specifying their needs. Additionally, the Object Eraser feature makes it easy to extract and manipulate subjects from images.
Wix.com Ltd. Price and agreement
Wix.com Ltd. Price agreement-chart | Wix.com Ltd. Quote
The company has released several AI-powered features focused on web innovation. AI Content Creator integrates Wix’s expertise in site creation with ChatGPT, allowing users to generate high-quality and personalized content for specific sections of their websites. Apart from this, AI Domain Generator offers unique and relevant domain name options.
Its AI-powered features also cater to e-commerce needs. The product descriptions tool simplifies the process of instantly describing e-commerce products, saving business time. The Product Recommendations feature provides customers with relevant products they may want to buy, providing a personalized shopping experience.
Wix is a cloud-based web development platform. It provides solutions that enable businesses, organizations, professionals and individuals to develop custom websites and application platforms.
In May, the company announced a new feature to help users create Google Ads campaigns from the Wix platform – Google Ads with Wix. The feature allows users to customize ad settings according to their needs.
Wix currently has a Zacks Rank #3 (Hold). The company’s share price is more than 31.6%. Sub-industry Last year it showed a growth of 15.9 percent.
Image source: Zacks Investment Research
Stocks to consider
There are some better-rated stocks in the broader tech space. Interdigital IDCC, Badger m BMI and Woodward WWD Interdigital and Woodward sport a Zacks Rank #1 (Strong Buy), while Badger Meter maintains a Zacks Rank #2 (Buy). you can see Here’s a full list of today’s Zacks #1 ranked stocks.
The Zacks Consensus Estimate for InterDigital’s 2023 earnings per share (EPS) increased 62.6% to $8.08 over the past 60 days. The company’s long-term earnings growth rate is 13.9 percent.
Interdigital’s earnings beat estimates in all four quarters, posting an average surprise of 170.9 percent. IDCC shares are up 52 percent over the past year.
The Zacks Consensus Badger Meter 2023 EPS has increased 1.1% to 2.72 over the past 60 days.
Badger’s earnings beat the Zacks Consensus Estimate in each of the past four quarters, averaging 5.3%. BMI shares have gained 81.3% over the past year.
The Zacks Consensus estimates that Woodward’s fiscal 2023 EPS has increased 0.3% to $3.59 over the past 60 days.
WWD’s long-term earnings growth is 13.5 percent. WWD shares have gained 12 percent in the past year.
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