Reported 25 days ago
Sirius XM Holdings stands out as a top investment choice this November due to its recent 1-for-10 reverse stock split, a strategic move designed to raise its share price and attract institutional investors. This unique split accompanies the merger of its stock with Liberty Media's tracking stock, enhancing its market presence. With a competitive advantage as the sole licensed satellite-radio provider and a strong subscription-based revenue model, Sirius XM offers an appealing value at a forward EPS multiple of just 8 and a robust 4.1% yield, positioning it as a suitable pick for both value and income-focused investors.
Source: YAHOO