Warren Buffett's First Investment of the New Year Revealed! 12 consecutive days to add a position in this technology stock, has risen more than 10% for the year

Warren Buffett's First Investment of the New Year Revealed! 12 consecutive days to add a position in this technology stock, has risen more than 10% for the year

At the beginning of the year 2025, the “stock god” Warren Buffett again, 12 consecutive trading days to increase positions in the Internet infrastructure services company VeriSign (VeriSign). The U.S. Securities and Exchange Commission (SEC) disclosed the latest documents, Buffett's Berkshire Hathaway from December 17, 2024 to January 3, 2025, the cumulative total of about 83 million U.S. dollars spent on nearly 400,000 shares of VeriSign stock.

Currently, Berkshire owns nearly 14% of Verisign's outstanding shares, with a total value of over $2.7 billion. Stimulated by this good news, Verisign shares have continued to rise since December 19, 2024, and as of the close of business on January 3, 2025, the company's shares were trading at $205.62, up more than 10% for the year. Analysts believe that Verisign's high margin performance among the S&P 500 components may be the main reason for attracting Buffett.

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