Why I love the GoDaddy Stock
1. They are increasing revenue year over year
Consistent revenue increases should translate to share price appreciation over time.
2. It is an internet company
It makes it easier to scale their products and create new ones.
3. Payments
They are entering the payment space, which will generate more transactions fees.
4. Dominant
They are the leader in domain names
5. Expanding their product line
Growing the products they offer
6. Low valuation
$12 Billion right now. Room for future growth.
$4 Billion in revenue
7. Profitable
$350 Million in profits.
8. Steady
The stock did not go crazy during the pandemic tech run up so it never had to crash back down.
9. Product is easy to use
Monthly subscription and the product can be used by almost anyone.
10. Vision
They have a clear vision of the future and are executing toward it.
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