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Stock impact report

3 Reasons GDDY is Risky and 1 Stock to Buy Instead [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This was partly driven by its softer quarterly results and might have investors contemplating their next move. Is now the time to buy GoDaddy, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free Why Do We Think GoDaddy Will Underperform? Even though the stock has become cheaper, we're swiping left on GoDaddy for now. Here are three reasons why GDDY doesn't excite us and a stock we'd rather own. 1. Weak Billings Point to Soft Demand Billings is a non-GAAP metric that is often called “cash revenue” because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract. GoDaddy's billings came in at $1.23 billion in Q4, and over the last four quarters, its year-on-year growth averaged 5.5%. This performance was underwhelming and suggests that increasing competition is causing Show less Read more
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