Verisign - I am in the tech industry for 20 over years. But they are only a pool that can generate more income per dollar they invested.
It is not very difficult to find an ROIC company, most of them are food giants, semiconductors or medical. Although some of them have high ROIC returns does not means they generate good share value or growth.
I single out verisign is because i am in tech industry. (I left out the technical details, they can be easily obtained). Verisign is a domain registar and verisign has become the defacto cerification of secure transaction website. Although threats are renew daily, the cost to certify does not increase exponentially. Thanks to the pandemic, most company has to move their presence online. This help to accelerate Verisign business. With no much competition in the same level field, i will pick Verisign over HPX and MSFT. Don't get me wrong, HPX and MSFT are also good ROIC stocks and many of them are at the lower band of bollinger band and are still undervalue. If you have only 1 sum of money to ise. I will just put on Verisign and expand my nest to include others.
Happy Easter Day.
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Like to share this with tiger friends. I done my dd after reading the insights written by @vodkalime. I'm ready for coming stocks. π
Let's huat together.
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Potential tech stock pickings