Warren Buffett Just Upped His Stake in This Monopolistic Tech Stock. Should You?
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. In fact, given his large sells in 2024 and increased cash pile, that just makes the recent Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) buys all the more intriguing.Towards the end of last year, Berkshire notably added to an existing stake, but one it had not added to since 2014. So what might Buffett and his team be seeing in this monopoly -ike technology stock?In mid-to-late December 2024, Berkshire increased its stake in VeriSign (NASDAQ: VRSN) by about 474,000 shares, a 3.7% increase to the position. Continue reading
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. In fact, given his large sells in 2024 and increased cash pile, that just makes the recent Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) buys all the more intriguing.
Towards the end of last year, Berkshire notably added to an existing stake, but one it had not added to since 2014. So what might Buffett and his team be seeing in this monopoly -ike technology stock?
In mid-to-late December 2024, Berkshire increased its stake in VeriSign (NASDAQ: VRSN) by about 474,000 shares, a 3.7% increase to the position.
