Berkshire Hathaway just bought more Sirius XM stock. The company has substantial and stable cash flows thanks to its monopoly in satellite radio. However, it's facing issues with subscriber growth.
However, there is one company Buffett seems to like: Sirius XM (NASDAQ: SIRI). Berkshire just bought another $60 million worth of the stock, and it now controls over 33% of the company.
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View Sirius XM Holdings Inc. (SIRI) current and estimated P/E ratio data provided by Seeking Alpha.
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