02.03.2025 11:47:00
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Could Buying Sirius XM Stock Today Set You Up for Life?
Berkshire Hathaway owns dozens of stocks. But Sirius XM (NASDAQ: SIRI) is an under-the-radar business that has popped up in the portfolio in a meaningful way in the past year. The Warren Buffett-led conglomerate owns a whopping 35% of the outstanding shares, which at least warrants a closer look from the average investor.But given that this media stock has shed 65% of its value in the past five years, you might be wondering about the investment case. Maybe this is a diamond in the rough. Could buying Sirius XM today set you up for life?Investors who want to own businesses for the long haul should look for the presence of an economic moat. A durable competitive advantage can help defend a certain company from the threat of existing rivals and new industry entrants. Sirius XM fits the bill.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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