Tempe, Arizona-based GoDaddy Inc. (GDDY) is an internet domain registrar and web hosting company that also sells e-business-related software and services. With a market cap of $23.4 billion, GoDaddy operates through the Applications and Commerce and Core Platform segments.
The internet giant has substantially outperformed the broader market over the past year. Over the past 52 weeks, GDDY stock has returned an impressive 133%, outpacing the S&P 500 Index's ($SPX) 28.1% returns. In 2024, GDDY is up 53.5% compared to SPX’s 17.3% gains on a YTD basis.
