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Warren Buffett Loves Sirius XM, but Investors Are Overlooking a Major Risk in the High-Yield Dividend Stock
SIRISirius XM(SIRI) The Motley Fool·2024-12-24 01:12

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.Now, the legendary investor seems to have found a new apple of his eye. Berkshire Hathaway (BRK.A -0.07%) (BRK.B 0.25%) has been aggressively buying shares of SiriusXM Holdings (SIRI 0.78%), the satellite radio company.On Thursday, Berkshire disclosed that it bought roughly 5 million more shares of the stock last week, bringing its ownership to 117.5 million, which is worth ...