Valued at a market cap of $28.6 billion, GoDaddy Inc. (GDDY) designs and develops cloud-based products for small businesses, web design professionals, and individuals. The Tempe, Arizona-based company is an internet domain registrar and web hosting company that also sells e-business-related software and services.
Companies worth $10 billion or more are generally described as “large-cap” stocks, and GoDaddy fits right into that category, with its market cap exceeding this threshold. The software company is known for its website-building tools, great 24/7 support, and an all-inclusive package with SEO support. It serves over 22 million customers and generates revenues from three segments: Domains, Hosting and Presence Offerings, and Business Applications.
