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Is GoDaddy a Hidden Value Stock?

TheMotleyFool

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Is GoDaddy a Hidden Value Stock?: https://g.foolcdn.com/editorial/images/855524/young-woman-researches-on-a-computer.jpg

As advancements in artificial intelligence (AI) accelerate, investor sentiment toward certain types of companies is hitting a breaking point. A number of technology stocks have been selling off hard recently, and website company (NYSE: GDDY) is, surprisingly, among them. Yet GoDaddy's business is benefiting from AI, making its current sell-off a hidden buying opportunity.

Image source: Getty Images.

GoDaddy registers domain names, hosts websites, and provides its customers with tools for e-commerce and more. There is a software component to the business. But it owns and operates its own data centers for web hosting, which gives the business a physical component as well.

Source Fool.com