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Bullish Case: GDDY shows strong price growth over time, recent bullish price action, and a positive Helium AI price forecast. Insider bullishness and new innovations may sustain momentum.


Bearish Case: Insider selling, intense competition, and a high price-to-book ratio present headwinds. Mixed reviews on website builder may affect customer acquisition.


Potential Outcomes: 70% chance of growth from ENS deal and AI tools; 25% chance growth is slowed by competition and insider selling; 5% chance of significant decline from market pressures.


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April 11, 2024


Godaddy Forecast

GDDY        Godaddy
Price Forecast: BULLISH    Price Action: TRENDING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with GDDY



QCOM Forecast + Options Trading Strategies   [QCOM]  Qualcomm (0.91)


TRIP Forecast + Options Trading Strategies   [TRIP]  TripAdvisor (0.9)


SPOT Forecast + Options Trading Strategies   [SPOT]  Spotify Technology (0.88)


MSFT Forecast + Options Trading Strategies   [MSFT]  Microsoft (0.88)


FNGS Forecast + Options Trading Strategies   [FNGS]  Bank of Montreal - ZC SP ETN REDEEM 08/01/2038 USD 50 (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to GDDY



LXRX Forecast + Options Trading Strategies   [LXRX]  Lexicon Pharmaceuticals (0.0)


OPCH Forecast + Options Trading Strategies   [OPCH]  Option Care Health Inc. - Registered Shares (0.0)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (-0.0)


SA Forecast + Options Trading Strategies   [SA]  Seabridge Gold (0.0)


GLW Forecast + Options Trading Strategies   [GLW]  Corning (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GDDY



UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.83)


PRTA Forecast + Options Trading Strategies   [PRTA]  Prothena (-0.83)


AGL Forecast + Options Trading Strategies   [AGL]  Agilon Health (-0.83)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.85)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.88)





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