5 Stocks to Invest In Today According to Rob Cope’s Columbus Point

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In this article, we will discuss 5 stocks to invest in today according to Rob Cope’s Columbus Point. If you want to read our detailed analysis of Cope’s history, investment philosophy, and hedge fund performance, go directly to 10 Stocks to Invest In Today According to Rob Cope’s Columbus Point.

5. VeriSign, Inc. (NASDAQ: VRSN)

Cope’s Stake Value: $16,045,000
Percentage of Rob Cope’s 13F Portfolio: 7.15%
Number of Hedge Fund Holders: 41

VeriSign, Inc. (NASDAQ: VRSN) and its subsidiaries provide domain name registry services and internet infrastructure for a variety of well-known domain names. It was incorporated in 1995, and it stands fifth on the list of 10 stocks to invest in today according to Rob Cope’s Columbus Point. VeriSign, Inc. (NASDAQ: VRSN) currently has a $23.83 billion market capitalization.

On July 22, VeriSign, Inc. (NASDAQ: VRSN) declared earnings for the second quarter of 2021. It posted earnings per share of $1.31, missing the estimates by $0.02. However, the revenue over the period was $329.4 million, up 4.8% YoY, beating the analysts’ expectations by $0.53 million.

The hedge fund chaired by Rob Cope owns 70,470 million shares in VeriSign, Inc. (NASDAQ: VRSN) worth over $16.05 million, representing 7.15% of their investment portfolio. Columbus Point has increased its stake in VeriSign, Inc. (NASDAQ: VRSN) stock by 12% in the second quarter of 2021. Legendary investor and billionaire Warren Buffett’s Berkshire Hathaway is the most significant stakeholder in VeriSign, Inc. (NASDAQ: VRSN) out of the 873 hedge funds tracked by Insider Monkey as of the second quarter of 2021. The Oracle of Omaha owns 12.82 million shares of the company, worth $2.92 billion.



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