- In-car infotainment monopoly in North America has a clear runway for growth and additional upside from “Connected Car” services.
- Minimal CapEx requirement and scalable cost structure mean EPS can multiply quickly with a modest increase in revenue.
- Liberty Media’s eventual consolidation bid is an added kicker.
Sirius XM Holdings Inc. (NASDAQ: SIRI) provides satellite radio services in the United States and Canada. The company broadcasts music, sports, entertainment, talk, news, traffic, and weather programs. It also streams music and non-music channels through SiriusXM On Demand and MySXM.