Is GoDaddy Inc (NYSE: GDDY) a good stock to buy? GoDaddy Inc is a $7-billion market cap technology company that is engaged in domain name registration, web hosting, cloud business apps, and other online IT services. It has nearly 17 million customers around the world and more than 72 million domain names under management. Sometimes we come across good investment write-ups on the internet that we’d like to bring to your attention. In this article, we will take a look at an investment thesis on GoDaddy by a Reddit user.

According to the user, ForTheSeamless, Godaddy’s fundamentals are “significantly misunderstood” and there is “30-50% upside from current levels.” The user believes that the Godaddy Inc has an “extremely high-quality business with long run-way for growth” and its stock is mispriced as the company’s industry, business model, and competitive dynamics are misunderstood, leading investors into the “excessive competition” bear thesis. Godaddy’s main competitors include Namecheap, Hostgator, and DreamHost.

Here are the user’s comments: