GDDY stock has outperformed the S&P 500 by 62.51% in the past year and is currently on a strong bullish trajectory.
GoDaddy Inc. (NYSE:GDDY) stock has gained about 87.51% over the last year, outperforming the S&P 500 by a margin of about 62.51%.
GDDY has a vast global footprint with customers in more than 125 countries, and more than 40% of its customers come from outside the US.
Read MoreTo make this even more interesting, let us compare the company’s market share with its close competitors as of Q1 2024. Based on revenue, GDDY has a market share of more than 54%, which makes it a dominant figure in the industry compared to its peers. It should be noted that this is an improvement from a market share of about 53% in the previous quarter, something which speaks volumes about the company’s growing market dominance...