GoDaddy Stock: Cashing In On Clicks
GDDYGoDaddy(GDDY) Seeking Alpha·2024-06-27 05:53

ipuwadol/iStock via Getty Images Investment Thesis GoDaddy Inc. (NYSE:GDDY) has a lot going for it. And yet, to say that this is a blemish-free investment would be to misconstrue reality. Ultimately, GoDaddy carries more than $3 billion of net debt, which hinders its ability to in the near-term significantly return capital to shareholders. And yet, the business is undeniably reasonably priced. In a market where few stocks are priced at anything less than 20x forward free cash flows, GDDY is priced at approx ...