16.12.2024 14:53:00
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Should You Forget Sirius XM? This Stock Has Made Far More Millionaires
Are you considering stepping into (or remaining in) a position in Sirius XM Holdings (NASDAQ: SIRI)? If so, you're not alone.Although its satellite radio business hasn't exactly been red-hot in a while, its 2019 acquisition of music-streaming service Pandora, along with its new focus on advertising-supported radio, are catching investors' attention for good reason. The stock's been a poor performer of late, but some investors still sense lots of long-term potential from the new and improved Sirius.However, if you're looking for a more proven workhorse, consider owning a piece of Costco Wholesale (NASDAQ: COST) instead. It's made far more millionaires than Sirius XM has. It's also a much safer bet that it will continue doing so into the foreseeable future.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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