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Warren Buffett Loves SiriusXM, but These 2 Media Stocks Are Better Buys
NFLXNetflix(NFLX) The Motley Fool·2024-10-29 09:25

While Buffett has been adding to his SiriusXM stake, there are some better options in the media sector.Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B 0.99%) seems to have found the latest apple of its eye. The trillion-dollar conglomerate has been rapidly accumulating shares of SiriusXM Holdings (SIRI 2.39%), the satellite radio company that's considered a monopoly by some investors.Berkshire now owns 32% of SiriusXM, according to the most recent SEC filings. Buffett isn't new to Sirius stock. He first ...