23.02.2025 11:02:00

Should I Buy Sirius XM Stock?

Investors may not know what to make of Sirius XM Holdings (NASDAQ: SIRI) stock. The company has what amounts to a legal monopoly for satellite radio in the U.S. Nonetheless, this does not include internet-based media, meaning its satellite-based domination has not eliminated its competition.Warren Buffett's Berkshire Hathaway has taken a greater interest in the stock despite its flat subscriber numbers, but so far, that has not boosted its stock significantly. But does that mean Sirius XM stock will deliver returns for investors, or is it a media stock they should avoid? Let's take a closer look.Sirius XM is a stock of contrasts. On the surface, it might offer some attributes that interest investors. Its niche in satellite radio makes it a popular option for drivers, particularly those who spend hours per day driving long distances and want radio stations that don't lose signal as they travel from city to city.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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