Top 10 Cheap Companies To Own In Right Now

Top 10 Cheap Companies To Own In Right Now: Sirius XM Radio Inc.(SIRI)

Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. It broadcasts a programming lineup of approximately 135 channels of commercial-free music, sports, news and information, talk and entertainment, traffic, and weather on subscription fee basis through two satellite radio systems in the United States; and holds an interest in the satellite radio services offered in Canada. The company also simulcasts music and selected non-music channels over the Internet; and offers applications to allow consumers to access its Internet services on mobile devices. As of December 31, 2010, it had 20,190,964 subscribers. In addition, the company designs, establishes specifications, sources or specifies parts and components, and manages various aspects of the logistics and production of satellite radios; licenses its technology to various electronics manufacturers to develop, manufacture, and distribute radios under various brands; and imports radios distri buted through its Websites. The company?s satellite radios are primarily distributed through automakers, retailers, and its Websites. Further, it provides music services for commercial establishments; a satellite television service to offer music channels as part of certain programming packages on the DISH Network satellite television service; music and comedy channels to mobile phone users through mobile phone carriers; Backseat TV, a service offering television content designed primarily for children in the backseat of vehicles; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and real-time traffic and weather services. The company was formerly known as Sirius Satellite Radio Inc. and changed its name to Sirius XM Radio Inc. in August 2008. Sirius XM Radio Inc. was founded in 1990 and is headquartered in New York, New York.

Advisors' Opinion:

• [By WWW.DAILYFINANCE.COM]

  Daniel Acker/Bloomberg via Getty Images DETROIT -- General Motors (GM) reported a much lower second-quarter profit Thursday due to numerous recalls and the expected cost of at least $400 million for a compensation fund for those killed or injured by a defective ignition switch linked to at least 13 deaths. GM also reiterated that it expected a moderately improved operating profit this year and that its future recall costs would be slightly higher than historic rates. "We're on or ahead of the plan we shared in January," Chief Financial Officer Chuck Stevens told reporters. "Our expectation is that the second half of the year will be better than the first half." Morgan Stanley analyst Adam Jonas said strong vehicle pricing in North America "saves the quarter." GM earlier this year recalled 2.6 million cars for the faulty ignition switches, which can cause engine stalls and stop power steering and power brakes from operating and air bags from deploying. The company is under investigation by U.S. safety regulators, Congress and the U.S. Department of Justice over its failure to detect the problems for more than a decade. Net income in the quarter fell to $190 million, or 11 cents a share, from $1.2 billion, or 75 cents a share, a year earlier. Excluding one-time items, GM earned 58 cents a share, just below the 59 cents analysts polled by Thomson Reuters I/B/E/S had expected. The company's shares fell 2.9 percent to $36.34 in morning trading. Also Thursday, GM's smaller U.S. rival, Ford Motor (F), posted a higher-than-expected profit on strong results in North America and Europe. One-time items for GM included the charge for establishing the victims' compensation fund, which the company said could still rise by about $200 million, as well as an $874 million charge for a change in how the company will account for recalls in the future. GM previously took charges as recalls occurred, but now it will account for potential future liabilities as the cars

!
• [! By Selena Maranjian]

  Finally, D. E. Shaw's biggest closed positions included Nexen and Mylan. Other closed positions of interest include Sirius XM Radio (NASDAQ: SIRI  ) , which recently hit a five-year high, despite posting disappointing earnings in its last quarter. Still, revenue and earnings are growing at a double-digit rate, which remains attractive. A strong report from Fordis promising for Sirius, as its radios are embedded in many vehicles. Bulls like the company's new personalized radio service, MySXM, too. Meanwhile, Sirius faces competition from Pandoraand even Googlehas a music-streaming business now.

• [By WALLSTCHEATSHEET]

  Sirius XM Radio provides audio entertainment and information via subscription services to a growing listener base. A recent earnings release has the markets expecting more from the company. The stock has been trending higher in recent years and is currently near highs for the year. Over the last four quarters, earnings have been mixed while revenues have been rising which has produced conflicting feelings among investors. Relative to its peers and sector, Sirius XM Radio has been a weak year-to-date performer. Look for Sirius XM Radio to OUTPERFORM.

• [By WWW.DAILYFINANCE.COM]

  Paul Sancya/APAlan Mulally is joining Google's board of directors. There were plenty of winners and losers this week in the business world, as a software giant announced 18,000 layoffs and a social networking speedster made a shrewd acquisition that should help its site become more viral. Here's a rundown of the week's best and worst. LinkedIn (LNKD) -- Winner For many LinkedIn registered users, the career-oriented social networking site is one that they turn to only if they're looking for work or endorsing a friend who's looking. Requests for approving new connections are as far as many go in immersing themselves in the LinkedIn experience. That could all change after LinkedIn acquired Newsle this week. Newsle takes contacts f! rom a use! r's Facebook and Twitter pages and scans the Internet for news alerts. It's easy to see how Newsle can make LinkedIn stickier, offering up notifications that could be valuable the next time the two connected LinkedIn users meet. This is a great example of a dot-com firm acquiring a small company that should easily grow in relevance under new ownership. Microsoft (MSFT) -- Loser The pink slips are raining hard at the world's largest software company. Microsoft will be cutting 18,000 employees in the coming months. Layoffs were expected after Microsoft acquired Nokia's (NOK) handset business, but that only explains a little more than two-thirds of the cuts. Microsoft will be recording pre-tax charges between $1.1 billion and $1.6 billion for the restructuring, but there isn't a clear picture on what the resulting savings will be. Morale is hard to sustain at a company when thousands of people are being let go. Google (GOOG) -- Winner We don't have to stray from Microsoft to segue into this next item. Last year it seemed as if the top candidate to be Microsoft's new CEO was outgoing Ford (F) CEO Alan Mulally. It didn't work out. Microsoft went for an internal hire. Well, this week Google announced that Mulally is being tapp

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-cheap-companies-to-own-in-right-now-3.html