The stock was close to dead at the start of 2009. Wallowing in the
penny stock nether land of under $0.05 per share, this company was all
but delisted during these dark days. In fact, it was on the Nasdaq's
watch list for delisting despite being among the exchange's most active
name at the time. And while facing stiff competition from upstart
Internet-based services, this company has battled back from the brink
and is setting up to be a solid investment right now.
In case you haven't guessed it, I am talking about Sirius XM Holdings (NASDAQ: SIRI). Truth be told, I am a diehard Pandora (NYSE: P) user when it comes to alternative radio sources. In fact, I have written several articles on how much I like Pandora as a service and an investment.
However,
I recently purchased a new vehicle that came with a free 90-day trial
of Sirius radio, and I was impressed. While Pandora can get stale with
only music you like and similar being played, Sirius sounded fresh and
new. There is something to be said for listening to the wide variety of
programming Sirius provides such as music, comedy, sports and
interesting talk shows. To put it bluntly, Sirius takes the crown when
it comes to variety, making Pandora look like a one-trick pony. (more)
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