Neexio
2024-12-31

$Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ 's investment in $VeriSign(VRSN)$ shows its long-term confidence in tech infrastructure. As cloud computing, IoT, and AI technologies continue to evolve, global demand for secure and stable network services will keep growing.

Moreover, VRSN's business model, based on subscription revenue, provides a stable cash flow. According to financial reports, the company's gross margin reached 86% in 2024, a remarkable level of profitability that further strengthens its market position.

You can't go wrong following Berkshire's investment strategy!

Buffett Adds Verisign Again: Will You Follow the Oracle of Omaha?
Buffett's Berkshire Hathaway bought 20,044 Verisign shares for $4.1M between Dec. 31, 2024, and Jan. 3, 2025, at $204.61–$204.94 per share. This is its third Verisign purchase since mid-December, totaling $93.65M. Berkshire now holds over $2.7B in Verisign, remaining its largest shareholder. Verisign jumps 3% in the overnight trading. -------------- Will you follow Buffett to add the internet stock? Is Buffett's increased stake in internet stocks a sign of staying current or falling behind trends? Do you think VRSN is a stable investment target? Can the stock surpass its previous high?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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