Better Tech Stock: Cloudflare vs. VeriSign
Cloudflare(NET) The Motley Fool·2024-07-14 09:19
VeriSign faces longer-term challenges From 2020 to 2023, VeriSign's revenue grew at a steady compound annual growth rate (CAGR) of 6% as its EPS increased at a CAGR of 4%. Analysts expect its revenue and earnings to grow 5% and 1%, respectively, this year. Those growth rates seem stable, and its stock seems reasonably valued at 22 times forward earnings. But VeriSign faces two longer-term challenges. First, it's been repeatedly criticized for its monopolization of the .com and .net domains. Earlier this yea ...