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Sirius XM Holdings (SIRI) In Focus: Stock Moves 8.2% Higher
Sirius XM Holdings Inc. (SIRI - Free Report) was a big mover last session, as its shares rose over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range $5.34 to $5.48 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sirius XM Holdings currently carries a Zacks Rank #2 (Buy).
Sirius XM Holdings Inc. Price
Sirius XM Holdings Inc. Price | Sirius XM Holdings Inc. Quote
Another top-ranked stock in the Broadcast Radio and Television space is Gray Television, Inc. (GTN - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is SIRI going up? Or down? Predict to see what others think: Up or Down
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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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