GoDaddy: Low Valuation and Acquisition Speculation Create a Buying Opportunity!

Gen Digital's interest in an acquisition brings GoDaddy's high free cash flow and low valuation into focus for investors!
The ongoing consolidation presents an attractive entry opportunity!
Marvin Herzberger
M. Herzberger
Reading Time: 2 minutes

On September 24, investors' eyes were once again focused on GoDaddy (GDDY) (i.). The reason was that Norton-parent Gen Digital is reportedly interested in an acquisition. An important message for the market was that the low valuation of GoDaddy could provide a compelling buying opportunity for smart investors. A deal would grant Gen Digital access to GoDaddy's customer base, which includes more than 20 million small businesses and individuals. According to the report, GoDaddy manages around 81 million web domains, which accounts for about one-fifth...

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