Focus on strong performance stock during correction period

Shernice軒嬣 2000
2024-12-31

$VeriSign(VRSN)$  我滴强势股Verisign might be on notice for some, but it’s been the stock market’s darling lately, thanks to some love from Berkshire Hathaway, which upped its stake in the company. While Verisign isn’t the biggest fish in the pond, it’s definitely a star performer, boasting an adorable profit margin of around 56%—putting it in the top five among S&P 500 companies, right up there with the heavyweights.

Since 2009, Verisign’s stock chart has been like a cute little rocket ship, going from $14 to over $200 and even touching $250 at its peak. It’s like the underdog stock that could—quiet, steady, and impressively strong. Now, with Berkshire Hathaway owning 13.7% of its shares (worth nearly $2.7 billion), Verisign has a big-name cheerleader as its largest shareholder.

VeriSign holds the core domain name resources for ".com" and ".net" and possesses patents for blockchain-based domain name conversion technology. The integration of blockchain and domain names introduces a new narrative and growth potential to the market, driving increasing attention to the domain name sector.

 I’ve been shifting my focus to strong performers like these, especially when the broader market feels extremely wobbly. These gems tend to shine in the long run, helping lock in profits and paving the way for more growth. 🚀


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Modified in.2024-12-31
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