Market Commentary: Stock You Know Well Has 38.6% Upside
Billionaires like Buffett claim the headlines but Jeffrey C Smith has grown in prominence to build over $5 billion in assets under management. Remarkably, his largest position commands a 14.7% stake in his portfolio, and he’s allocated it to a well-known stock that appears significantly undervalued: GoDaddy. What’s the bull case for his purchase?