VeriSign currently trades on a

VeriSign currently trades on a much higher than expected P/E since its forecast growth is lower than the wider market. Right now we are increasingly uncomfortable with the high P/E as the predicted future earnings aren't likely to support such positive sentiment for long. Unless these conditions improve markedly, it's very challenging to accept these prices as being reasonable. There are also other vital risk factors to consider.

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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