While the company is not a domain registrar and does not directly sell domain names to end users, Verisign (NASDAQ:VRSN) operates and maintains the infrastructure to support domain names such as .com and .net.
Why Should VRSN Be on Your Watchlist?
Average billings growth of 15.6% over the last year enhances its liquidity and shows there is steady demand for its products
Superior software functionality and low servicing costs result in a best-in-class gross margin of 87.8%
Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends
VeriSign is trading at $283 per share, or 16.6x forward price-to-sales.