$Sirius XM (SIRI.US)$ Copying Tesla is about the automotive ...

73374550 commented on a stock · Sep 13, 2024 23:04

$Sirius XM (SIRI.US)$ Copying Tesla is about the automotive internet while XM is a content provider. Major automotive brands have long-term contracts with it, ensuring cash flow. This rate cut is the biggest beneficiary for it, and the biggest focus may be on possible restructuring. Whether the company's major shareholder holding over 80% can introduce new strong shareholders, I think 33 hedge funds are flocking, without major moves, relying solely on a 4% dividend yield, high net assets and low P/E ratio, these fundamentals are insufficient.

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