Where Will SiriusXM Stock Be in 5 Years?
SiriusXM Holdings (NASDAQ: SIRI) may be one of the more difficult stocks for investors to understand. The company holds a monopoly on satellite radio in the U.S., but since consumers can stream audio over their smartphones, the company still contends with significant competition. That may partially explain why the stock is down by two-thirds over the last five years.
Nonetheless, it maintains a loyal customer base, has popular personalities under contract, and Warren Buffett's company, Berkshire Hathaway holds a massive stake in SiriusXM stock. The question for investors is: Are those factors are enough to inspire a comeback over the next five years? Let's take a closer look.
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Source Fool.com
