5 Stocks to Buy and Hold for Long Term According to Warren Buffett

3. VeriSign, Inc. (NASDAQ: VRSN)

Number of Hedge Fund Holders: 41  

VeriSign, Inc. (NASDAQ: VRSN) is a Virginia-based firm that provides internet-related services. It is ranked third on our list of 10 stocks to buy and hold for the long term according to Warren Buffett. Securities filings show that Berkshire Hathaway owned over 12.8 million shares in VeriSign, Inc. (NASDAQ: VRSN) at the end of June 2021. The shares are valued at over $2.9 billion and represent 0.99% of the portfolio. 

In April, investment advisory Citi kept a Neutral rating on VeriSign, Inc. (NASDAQ: VRSN) stock and raised the price target to $245 from $235. Nicholas Jones, an analyst at the advisory, issued the ratings update. 

At the end of the second quarter of 2021, 41 hedge funds in the database of Insider Monkey held stakes worth $6.1 billion in VeriSign, Inc. (NASDAQ: VRSN), down from 42 in the preceding quarter worth $5.6 billion.