GoDaddy soared more than 30 percent in its market debut Wednesday, leaving the pros split on whether they should get in on the action or sit on the sidelines.
The Web hosting company priced its initial public offering at $20 per share, above the expected $17-$19 range. It closed Wednesday at $26.06.
Despite that run, James Ramelli, a trader with Keene on the Market, thinks the stock still has a lot more upside.
"GoDaddy has a whole new suite of products that they're offering to existing and new costumers. Their revenue growth over the past three years has been red hot. They are an older, more established company," he said in an interview with "Closing Bell."