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Does Warren Buffett Know Something Wall Street Doesn’t? He Recently Added Shares of an Internet Monopoly That 60% of Analysts Say Not to Buy.

6 April 2025
in USA
0
Does Warren Buffett Know Something Wall Street Doesn’t? He Recently Added Shares of an Internet Monopoly That 60% of Analysts Say Not to Buy.
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Warren Buffett, known for his successful investing track record, recently added to his stake in VeriSign, a dominant internet company with a legal monopoly. Despite Wall Street analysts’ negative sentiment towards the stock, Buffett’s confidence in the business and management led him to increase Berkshire Hathaway’s position to 14%. VeriSign’s exclusive rights to register .com and .net domains, along with its consistent price increases and strong margins, make it an attractive long-term investment option, despite recent declines in registered domains.

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Tags: addedAnalystsannual returnsBerkshire HathawayBuffettBuffett Partnership LtdbuydoesntInternetlegal monopolyMonopolysharesStreetVeriSignwallWall StreetWarrenWarren Buffett
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