If you're looking for an investor to emulate, you could do a lot worse than Warren Buffett. The Berkshire Hathaway (BRK.A -6.74%) (BRK.B -6.89%) CEO has produced incredible returns for anyone who's stuck by his side throughout his career.
Warren Buffett's VeriSign buy has been leaving the S&P 500 in the dust. The internet firm that Elizabeth Warren referred to as a “monopoly” has a wide moat and the resilience to ride out a tariff-filled year.
VeriSign's (VRSN -1.00%) stock rallied more than 30% over the past 12 months, even as fears of rising tariffs, sticky inflation, and elevated interest rates rattled the markets. During that same period, the S&P 500 only advanced 6%.
VeriSign (VRSN 2.75%) has defied the recent stock market sell-off, with shares rising 19% year to date.
It's been a tough past month or so for the market. While some stocks are finally hinting at a rebound effort, most tickers are still well below their February peaks.
Warren Buffett has been a huge net seller of stocks over the past year. But the fact that he is selling a lot of stock doesn't mean he and his investing team aren't buying any stocks.
Internet domain registration specialist VeriSign (VRSN 0.22%) has been quite the sprightly stock since Warren Buffett's Berkshire Hathaway added to its existing stake recently.
VeriSign, Inc. (NASDAQ:VRSN ) Q4 2024 Results Conference Call February 6, 2025 4:30 PM ET Company Participants David Atchley - VP of IR and Corporate Treasurer Jim Bidzos - Executive Chairman, President and CEO George Kilguss - EVP and CFO Conference Call Participants Rob Oliver - Baird Ygal Arounian - Citi Operator Good day, everyone. Welcome to VeriSign's Fourth Quarter and Full Year 2024 Earnings Call.
Internet services company VeriSign reported a 3.9% rise in fourth-quarter revenue on Thursday, fueled by steady demand for domain registrations as businesses amplify their online presence, sending its shares 1% higher in extended trading.
VeriSign earnings met views as new domain name registraions rose. VeriSign stock, a Warren Buffett holding, fell in late trading.
Warren Buffett hasn't seen a lot to like in the stock market for some time now. The Berkshire Hathaway CEO has sold more equities from the conglomerate's investment portfolio than he's added to it in each of the last eight quarters.
Warren Buffett is known for advising investors to stay within their circle of competence, which means not buying or even considering businesses or industries that the investor cannot understand. He has also said that he missed out on many big opportunities in the technology sector because he didn't truly understand the industry dynamics.