Sirius XM Stock News

For investors who are old enough to remember, the latter half of 1990s was an incredible time. The advent of the internet and the subsequent proliferation of personal computers was going strong, yet conventional cable television and broadcast radio were still the chief way people consumed live media.

One of the richest men in the world, Warren Buffett famously loves legal monopolies, businesses with moats so big as to prevent more than one company from competing in the market they dominate.

Most investors know the market's down quite a bit from February's high. Not all investors realize that a handful of compelling stocks were already sliding before the marketwide correction started, and that several of these same names haven't yet even hinted at a recovery.

Sirius XM has named Anjali Sud, chief executive of Fox's fast-growing free ad-supported streaming platform Tubi since 2023, as a new independent director. Prior to joining Tubi, Sud served as CEO of global online video platform Vimeo, taking the company public.

The S&P 500 (^GSPC 0.64%) recently reached correction territory as the benchmark index fell by 10% from its recent highs. Not all stocks look "cheap" now, even after this recent decline, but it has created some excellent buying opportunities.

News flash: stocks can go down just as easily as they can climb. Every now and then, investors are given a wake-up call that the stock market wouldn't be a "market" without the ability for equities to move in both directions.

With the recent market sell-off, a number of stocks have just been tossed right into the bargain bin. This includes some very well-known names that are trading at very low valuations.

Stock splits have an interesting narrative. During bull markets, investors can't get enough of stock-split stocks as prices rise in anticipation for upcoming splits.