Don't Buy Sirius XM Stock Until This Big Thing Happens
Sirius XM (NASDAQ: SIRI) is the only satellite radio operator in the U.S. While this might seem like a favorable competitive position to be in, it hasn't helped the shares in the slightest. They have tanked 67% in the past five years (as of Nov. 19). This certainly isn't an encouraging trend.
There might be one critical factor hindering this business. Investors shouldn't think about buying this mid-cap stock until this big thing happens.
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Source Fool.com
