SIRI - Down 44% Is Now a Good Time to Buy the Dip in This Warren Buffett Streaming Stock?
2024-05-10 17:07:00 ET
Warren Buffett is one of the most well-known investors in history. The Oracle of Omaha has made a fortune in the stock market, but Buffett's investing strategy is actually really simple.
Namely, Buffett invests in blue chip companies that generate strong, predictable cash flow. Some of the largest positions in Berkshire Hathaway 's stock portfolio include Apple , American Express , and Coca-Cola .
One company that you may be less familiar with that's also part of the portfolio is streaming service Sirius XM (NASDAQ: SIRI) . With approximately 33 million subscribers, Sirius XM operates the largest satellite radio platform in North America.
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Down 44%, Is Now a Good Time to Buy the Dip in This Warren Buffett Streaming Stock?