Strong Margins, AI Tools Make Wix a Compelling Pick
WIXWix(WIX) GuruFocus·2023-12-22 00:59

With interest rates rising, it has become increasingly difficult for tech companies to grow using the growth-at-all-cost model. Investors are being very picky with the companies they invest in while punishing companies that show no discipline in their expenses. Over the past months, companies have learned to pivot to newer cost models to survive in high-rate environments by reigning in their expenses while growing their businesses. Wix.com Ltd. (WIX, Financial) is one such company that has very quickly adap ...