Wednesday, April 1, 2015

Godaddy IPO today GDDY - up 30% today. What are long term and predictions tomorrow?


I like GDDY for many reasons.


Godaddy accounts for 1/3 of all domains bought today. IMO I think it will keep going up. I own 10+ domains, and noticed their revenue collection system and methods are extremely effective, and regular over the past 9 years. Their service lines are 24 hours, and responsive and they always resolve issues.


Over the past ten years with them, they seem to have an uncanny tv / nascar / Super Bowl presence, which shows to me they have a huge amount of cash flow at their dispense, and Godaddy is THE ONLY household name for domain hosting that in know by the old and young. This IPO is getting a lot of buzz, and compared to other IPO in 2014 like BABA, I don't have any doubt in the legitimacy of the company which has been around for 20+ years.


Key stats: Their debt it not bad, and after reviewing their stats nothing jumps out at me as a red flag to not buy.


Thoughts and predictions guys??







Submitted April 01, 2015 at 02:08PM by WildCatEra http://ift.tt/1DviLjR

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