📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Godaddy Stock

Hi everyone,

I was looking at Godaddy Inc (NYSE: GDDY) and it has had some excellent returns of around 205%. The growth in the share price started around November 2023 and it has done excellent.

What was the main factors that caused this rapid growth in the share price starting in November 2023 please?

I am 58 and i am looking to experiment with a very small amount of my pension in investments. I work full time so could only commit to around 5 - 10 hours a week to researching a stock. 

Best wishes.

Comments

  • eskbanker
    eskbanker Posts: 37,600 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    How much of that 5-10 hours research have you spent thus far on this stock, and what has that unearthed?
  • Hi eskbanker,

    To date i have found out that Godaddy is the worlds fifth largest web host by market share. I have also researched into detail about what the company offers and its price points to competitors. Such as domain registration, web hosting, website builder, email services and marketing tools.

    I am wondering where i should go from here please with my research? So my 5 hours research got me the background to what Godaddy does and looking closely at the services it offers. 

    Best wishes.

  • Albermarle
    Albermarle Posts: 28,242 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
     i am looking to experiment with a very small amount of my pension in investments

    Normally a pension is already invested. Is yours not?
  • 400ixl
    400ixl Posts: 4,482 Forumite
    1,000 Posts Third Anniversary Name Dropper


    What was the main factors that caused this rapid growth in the share price starting in November 2023 please?


    Maybe people with short memories forgetting about their ethics.
  • Bostonerimus1
    Bostonerimus1 Posts: 1,464 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Before looking at the risky world of single foreign stocks do you know how your pension is currently invested?
    And so we beat on, boats against the current, borne back ceaselessly into the past.
  • wmb194
    wmb194 Posts: 5,032 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic

    Hi everyone,

    I was looking at Godaddy Inc (NYSE: GDDY) and it has had some excellent returns of around 205%. The growth in the share price started around November 2023 and it has done excellent.

    What was the main factors that caused this rapid growth in the share price starting in November 2023 please?

    I am 58 and i am looking to experiment with a very small amount of my pension in investments. I work full time so could only commit to around 5 - 10 hours a week to researching a stock. 

    Best wishes.

    Just looking at the chart suggests every man and his dog got in ahead of you. It announces its next results after the US close on Thursday (13/02/25) so there might be some more movement after that.


  • boingy
    boingy Posts: 1,929 Forumite
    1,000 Posts Second Anniversary Name Dropper
    wmb194 said:

    Hi everyone,

    I was looking at Godaddy Inc (NYSE: GDDY) and it has had some excellent returns of around 205%. The growth in the share price started around November 2023 and it has done excellent.

    What was the main factors that caused this rapid growth in the share price starting in November 2023 please?

    I am 58 and i am looking to experiment with a very small amount of my pension in investments. I work full time so could only commit to around 5 - 10 hours a week to researching a stock. 

    Best wishes.

    Just looking at the chart suggests every man and his dog got in ahead of you. It announces its next results after the US close on Thursday (13/02/25) so there might be some more movement after that.


    That's the problem with share tips. We are usually near the end of the food chain and most of the news is already priced in.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.