Top 3 Robinhood Shares To Purchase In March - Sirius XM
3-Sirius XM
Sirius XM is an American broadcasting company providing satellite radio and online radio services.
There are many questions about why gasoline prices are soaring these days, but the obvious explanation is that we are driving more and more now.
The vaccination process has started for more than 60 percent of the adult population in the country, which is why we are starting to go out again and Sirius XM is very pleased with this. The Sirius XM may have fallen out of favor with its investors last year, but 2020 was not a completely unsuccessful year for the company.
The company, which increased the number of self-paying subscribers by 909,000, is doing so for the fourth year in a row and with increasing volatility.
Considering these are a period when people did not use cars as often as before due to the pandemic, we cannot say that the company had a very bad period despite everything.
Revenue increased by only 3 percent in 2020. Still, it's impressive to see positive results despite falling ad revenue on Pandora last year.
Adjusted net income also grew rapidly. Sirius XM started the biggest dividend growth since quarterly distributions it started five years ago.
Sirius XM will overcome these challenges, even if it trades low for the second consecutive year after delivering positive returns for 11 consecutive years.
Top 3 Robinhood Shares To Purchase In March - Sirius XM
Source:
https://www.fool.com/
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