5 Best Stocks to Buy Now According to Quant Billionaire Jim Simons’ Fund

3. VeriSign, Inc. (NASDAQ:VRSN)

Number of Hedge Fund Holders: 40  

VeriSign, Inc. (NASDAQ:VRSN) provides internet services and infrastructure. Securities filings show that Renaissance Technologies owned 4.6 million shares in VeriSign, Inc. (NASDAQ:VRSN) at the end of the third quarter of 2021 worth $947 million, representing 1.22% of the portfolio. 

VeriSign, Inc. (NASDAQ:VRSN) stock has returned more than 17% to investors over the past twelve months. The company recently beat market estimates on earnings per share and revenue for the third quarter by $0.03 and $2 million respectively. 

At the end of the third quarter of 2021, 40 hedge funds in the database of Insider Monkey held stakes worth $5.3 billion in VeriSign, Inc. (NASDAQ:VRSN), down from 41 in the preceding quarter worth $6.1 billion.