GoDaddy: Room For Further Re-Rating?
GDDYGoDaddy(GDDY) seekingalpha.com·2024-05-24 17:56
Traitov/iStock via Getty Images Introduction A few days ago I analyzed the Invesco S&P MidCap Momentum ETF (XMMO) and one of several of its holdings caught my attention given the higher EPS growth and a relatively low valuation (PEG). Thus, I decided to take a deeper look at GoDaddy (NYSE:GDDY) the website builder and domain company that is transforming into an e-commerce or digital platform boosted by AI. What is GoDaddy Sure, it’s a funny name and the company roots are based on registering domains and ...