03.02.2025 17:55:00
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4 Reasons to Buy Sirius XM Stock Like There's No Tomorrow
Sirius XM Holdings (NASDAQ: SIRI) can't seem to catch a break. It posted better-than-expected results late last week, sending the shares 6% higher on Thursday. Wall Street pros weren't convinced. At least three analysts have lowered their price targets on the country's lone satellite radio provider between Friday and Monday morning.Sirius XM stock took a big hit last year. Is the market's disinterest your opportunity? Let's go over some of the reasons to buy the out-of-favor stock today like there's no tomorrow.Satellite radio and Sirius XM's Pandora platform, which gives it a popular inroad into digital migration, aren't going away anytime soon. Organic growth hasn't clocked in with a year of double-digit growth in the past decade -- turning slightly negative lately -- but it's shaping up to be a long and gradual fade-out, with plenty of time for Sirius XM to turn things around.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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