We recently published 10 Stocks Jim Cramer Discussed As He Asserted He Could Beat The Government’s Numbers. GoDaddy Inc. (NYSE:GDDY) is one of the stocks Jim Cramer recently discussed.
GoDaddy Inc. (NYSE:GDDY) is an internet company that enables businesses to establish an online presence by setting up their websites. Its shares have lost 28% year-to-date after suffering from a steep 14% drop in February and an 11% dip in August. GoDaddy Inc. (NYSE:GDDY)’s shares fell in February after a fourth quarter revenue dip, while the August drop was driven by a weak EPS number, which beat analyst estimates by a rather modest three cents. Cramer discussed Morgan Stanley’s decision to include GoDaddy Inc. (NYSE:GDDY) on its list of firms at risk from AI-led disruption, as he mentioned the firm’s advertisement with actor Walton Goggins:
“[On being included in Morgan Stanley’s basket of companies at AI risk] Oh come on, Goggins, man!”
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Here are Cramer’s earlier thoughts about GoDaddy Inc. (NYSE:GDDY):
“As did by the way GoDaddy. . . I have GoDaddy on, I was kind of like, wow, that happened fast.
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Disclosure: None. This article is originally published at Insider Monkey.
