SA Quant Grades, SA Analysts, and Wall Street Ratings All Agree on These 10 Stocks
Buffett increased his stake in the satellite broadcasting company SiriusXM to 32%.
Last week, Warren Buffett's Berkshire Hathaway company spent about $87 million in multiple trades to buy approximately 3.6 million shares of SiriusXM stocks, increasing its shareholding to 32%. Despite facing issues such as user attrition and insufficient growth potential, Berkshire may be interested in the merger arbitrage opportunity, hence choosing to continue investing. The news of increased shareholding caused SiriusXM's stock price to rise more than 9.3% during Monday's trading.
Most and Least Shorted S&P 500 Financial Stocks in September
After eight weeks of selling off, the hedge fund bought back US stocks, achieving the fastest speed since 2021.
The US stock market is currently experiencing active buying and market growth, but the market's high valuation is a concerning issue that may trigger future adjustments.
Biggest Stock Movers Monday: RILY, SIRI, and More
Buffett cut position: Can Bank of America handle the pressure?
