Sirius XM Stock News

There's no sugarcoating how 2024 played out for Sirius XM Holdings (SIRI -1.32%) shareholders. It's been a rough year.

Investors have plenty to be thankful for in 2024. They've witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rocket higher by a double-digit percentage and head to multiple record-closing highs.

Warren Buffett's company Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) has been stockpiling cash all year. At the end of the third quarter of 2024, Berkshire had over $320 billion of cash and short-term Treasury bills.

It's been a tough past couple of years for Sirius XM (SIRI 0.60%) shareholders. The stock is trading down by more than 50% since the end of 2022, reaching yet another multiyear low just a few days ago following the release of disappointing 2025 revenue guidance -- the company expects its top line to fall during the year ahead.

Warren Buffett has made some rather bearish moves in Berkshire Hathaway's (BRK.A 0.80%) (BRK.B 0.95%) stock portfolio in the past few quarters. Most notably, the legendary investor disposed of significant portions of both the Apple and Bank of America investments that have performed extremely well for Berkshire.

Warren Buffett hasn't seen a lot to like in the stock market lately. Through the first three quarters of 2024, Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) sold $133 billion worth of stock from the portfolio he manages for the conglomerate.

For nearly six decades, Warren Buffett has been running circles around Wall Street. Since taking over as Berkshire Hathaway's (BRK.A 0.80%) (BRK.B 0.95%) CEO in the mid-1960s, he's overseen an aggregate return in his company's Class A shares (BRK.A) of more than 5,510,000%, as of the closing bell on Dec. 20.

It's no secret that Warren Buffett loves dividend-paying value stocks, or "buying dollar bills for 80 cents," as he's sometimes put it.