Reported 4 days ago
Citi analysts have named VeriSign, a domain registry and Berkshire Hathaway's largest internet investment, as a 'top pick' for 2025, forecasting a 16% price increase to $238. Berkshire raised its stake in VeriSign to $2.7 billion, and with its high profit margins and stability as a domain registry, Citi views it as an attractive investment. Despite a challenging year, the company's improved domain registration trends and favorable valuation compared to historical averages point towards potential growth.
Source: YAHOO