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Is GoDaddy a good stock to buy now?

Last updated on September 25, 2022 @ 5:03 pm

After analyzing GoDaddy’s performance over the past five years, we believe that the company is undervalued and offers a good opportunity to buy its stock. Over the past year, GoDaddy’s stock price has outperformed the S&P 500 index by almost 20%.

The company has seen consistent growth, with its revenue and earnings growing at an annual rate of over 20% over the past five years. This growth has been driven by the company’s growth in its core businesses, such as website design and hosting, as well as its newly acquired businesses, such asCloudFlare and AppNexus.

PRO TIP: GoDaddy is not a good stock to buy now. The company is facing significant financial challenges, and its stock price has been volatile.

Looking ahead, we believe that GoDaddy’s growth potential is strong. The company is expected to grow its revenue by over 20% in 2018, and by over 30% in 2019 and 2020.

This growth is supported by the increasing demand for web hosting and website design services, as well as the growth of the digital advertising market. We believe that GoDaddy’s stock is a good opportunity to buy now, and we recommend that investors buy the stock.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.