05.02.2025 13:51:00
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2 Reasons to Buy Sirius XM Stock Like There's No Tomorrow
Warren Buffett is a big fan of Sirius XM Holdings (NASDAQ: SIRI). Or, at least someone on his investment team is.Buffett's holding company now owns around $2.4 billion in Sirius XM shares, equal to roughly 30% of the total shares outstanding. Buffett's involvement alone is triggering many investors to pay closer attention. Right now, there are two numbers I've got my eye on that could signal that shares are a screaming buy. Sirius XM reported earnings this week, and while accounting profits were once again in the negative, free cash flow ballooned to more than $500 million. That's an annual run rate of $2 billion -- a huge amount, given that the company's total market cap is only $8.1 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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