Sirius XM Holding (NASDAQ:SIRI) shares soared massively in the last five years, underpinned by its business expansion strategies and a strong growth in financial numbers. SIRI’s stock price rallied nearly 30% in the last twelve months, extending the five-year surge to 124%. Currently, SIRI’s share price is trading around the highest level in the last decade.
Despite the recent rally, Sirius XM stock price has the potential to double in the coming years, thanks to its expansion strategies and investments in growth opportunities. Recently, Warren Buffet increased his stake in SIRI by 750K shares, enhancing trader’s sentiments in the company future fundamentals.
The company has been witnessing