Current Blog Entries by Larry Fry, CCP, MBA

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Posts Tagged ‘Financial Services

The Great Sirius XM (SIRI) Stock Debate!

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More and more, Sirius XM stock (ticker symbol ‘SIRI’) appears to represent a good, low cost bet on making some attractive  gains in the not too distant future. Nothing is ever guaranteed in life (other than the two main stays), but now seems to be very opportune time to get on the train at the beginning of what could be a very profitable ride based on the increasingly cost-effective commercial uses of satellite-based technologies (led by SIRI, for one). In a nutshell, the currently low price of SIRI stock coupled with its promising future based on the vertical integration of its product lines makes it a very inviting bet in my book.  And the announcement today of the availability of Sirius XM’s new app for Android-powered smartphones (coupled with existing apps for BlackBerry and iPhone) is just the latest in a ever expanding portfolio of value adding products being offered.  Finally, SIRI is starting to  remind me of Apple’s stock in the late 1990′s, when it was priced around $2.00 per share and the introduction of Apple’s industry changing iPod products was just around the corner.  Stay tuned!

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Written by Larry Fry, CCP, MBA

May 28, 2010 at 2:05 pm