Opinions
The Panic-Proof Portfolio (Stockchase Research)
The Liberty SiriusXM Group
LSXMA-Q
PAST TOP PICK
Jun 04, 2024
$21.450
Stock price when the opinion was issued
Broadcasting
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TOP PICK
Stockchase Research Editor: Michael O'Reilly
LSXMA produces radio entertainment over satellite in the US and Canada and has over 34 million subscribers. It trades at 12x earnings and at book value. Quarterly cash reserves are growing, while debt is retired and shares bought back. We recommend placing a stop-loss at $21.50, looking to achieve $40.00 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $40.00)
Broadcasting
Our PAST TOP PICK with LSXMA has triggered its stop at $21.50. To remain disciplined, we recommend covering the position at this time.