5 Warren Buffett Stocks That Are Too Cheap To Ignore

In this article, we will look at the five Warren Buffett stocks that are too cheap to ignore. If you want to read about some more Warren Buffett stocks, head on over to 10 Warren Buffett Stocks That Are Too Cheap To Ignore.

5. VeriSign, Inc. (NASDAQ:VRSN)

Price to Earnings Ratio as of October 17, 2022: 23

Number of Hedge Fund Holders: 35

Industry Average P/E: 29

VeriSign, Inc. (NASDAQ:VRSN) is an internet company that provides several services such as domain name registry and internet infrastructure. It also provides back end systems for a variety of different domain names. The firm is headquartered in Reston, Virginia, the United States.

VeriSign, Inc. (NASDAQ:VRSN) posted $352 million as its second quarter revenue, which marked a record growth for the firm. Additionally, its second quarter operating income margin of 67% was a record high for the company. VeriSign, Inc. (NASDAQ:VRSN) has a price to earnings ratio of 23, which is below the industry average of 29, making the stock a cheap buy.

Warren Buffett’s Berkshire Hathaway held 12.8 million VeriSign, Inc. (NASDAQ:VRSN) shares that were worth $2 billion as this year’s second quarter ended. During the same time period, 35 out of the 895 hedge funds polled by Insider Monkey had invested in the company.

VeriSign, Inc. (NASDAQ:VRSN)’s largest investor after Mr. Buffett is Jim Simons’ Renaissance Technologies which owns 3.9 million shares that are worth $622 million.