Value Investing News

As in the above example, where a few readers want to identify both Sirius and Bank of America together as being “cheap," I have come to realize there are various categories of that definition. One of the traits that fuse and unify all investors together in the market (or in the grocery store) is the need to find a bargain or a cheap stock to buy.

Sirius XM Radio Inc. (NASDAQ: SIRI) is scheduled to release its fiscal fourth-quarter 2009 financial results before the market open on Thursday, February 25, 2010. Analysts, on average, expect the company to report a loss of 2 cents a share on revenue of $663.26 million. In the year ago period, the company posted a loss of 8 cents per share on revenue of $622.18 million.

In a potential bit of good news for Sirius investors, the satellite radio provider may be making a stunning comeback from a year ago. Like the proverbial Phoenix, Sirius XM has risen from the ashes, better than ever. The company is in a much better position now than it was last year.

Shares of Sirius XM (NASDAQ: SIRI)jumped over 7% on Monday, the first full trading day of the New Year, amid several bullish reports. Investors lapped up the shares of the satellite radio company amid speculations that it is being eyed by DirecTV.