内容摘要：GoDaddy Inc. (GDDY)is looking like an interesting pick from a technical perspective, as the company invisalign dentist williamsburg pediatric dentistry and orthodontics

GoDaddy Inc. (

GDDY

)

is invisalign dentist williamsburg pediatric dentistry and orthodonticslooking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for GDDY broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend.

This has already started to take place, as the stock has moved higher by 16.7% in the past four weeks. Plus, the company currently has a Zacks Rank #2 (Buy) suggesting that now could definitely be the time for this breakout candidate.

More bullishness may especially be the case when investors consider what has been happening for GDDY on the earnings estimate revision front lately. One estimate has gone lower in the past two months, compared to 8 higher, while the consensus estimate has also moved higher too.

So given this move in estimates, and the positive technical factors, investors may want to watch this breakout candidate closely for more gains in the near future.You can see

the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here

.

5 Stocks to Soar Past the Pandemic:

In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade.

See the 5 high-tech stocks now>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.

Click to get this free report

GoDaddy Inc. (GDDY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

View comments