Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



This Week's 5 Smartest Stock Moves

If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines.

1. Sirius comfort food
Sirius XM Radio
(NASDAQ: SIRI  ) has repurchased $1.6 billion of its stock since December of last year. And it's going to buy more.

The satellite radio speedster announced on Thursday morning that its board has authorized another $2 billion in buybacks after the initial $2 billion plan is completed in the coming months. Sirius XM will even be repurchasing $500 million shares at a discount from its majority investor, giving it more bang for its leveraged buck.

The only thing keeping Sirius XM's stock in the low single digits is the gargantuan number of shares outstanding. It may take some time before it begins making a serious dent in the billions of shares that are out there, but the media darling is clearly making a big bet on itself with $4 billion in buyback authorizations in the span of just 10 months.

2. Disney will take your plastic, but it won't give you paper
Disney (NYSE: DIS  ) has become the latest company to do away with paper stock certificates.

The family entertainment giant is amending its bylaws so that all transactions starting Wednesday of next week will happen solely in uncertificated book entry form. In short, it's dumping the stock certificates. It might make a replica available, but naturally that won't be as popular as the genuine article.

This would seem to be a dumb move at first glance. Disney has a lot of fans all over the world, and many of them buy a share or are gifted a single share. Disney is typically the top seller for companies that sell single-stock shares with framed certificates. Why would Disney want to upset some of its biggest fans?

Well, it's not easy to support investors. There are corporate mailings, annual reports, and even the annual dividend check. It costs money to maintain a lot of these small investors, and making it less compelling to buy a single share of its stock will improve its finances.

3. When in Chrome
A couple of new Chromebook laptops were introduced this week, but let's turn our attention to the HP Chromebook 11.

The latest laptop fueled by Google's (NASDAQ: GOOGL  ) Chrome operating system packs some pretty impressive specs relative to its $279 price tag. In its laundry list of goodies it also includes a 60-day free trial for Google Play Music All Access.

This is the Spotify-like streaming platform that Google introduced earlier this year, charging $9.99 a month for access. A lot of people aren't used to paying for Google -- or for streaming music, for that matter -- so Big G seems to be an afterthought in a world where Pandora and iTunes Radio are now available as free, ad-supported services.

However, you have to like how Google is using these dirt-cheap netbooks as a way to hook music buffs by giving them two free months of access. There is little to lose and so much to gain at this point.

4. The HP weigh 
Hewlett-Packard  (NYSE: HPQ  ) hosted its annual analyst powwow, and CEO Meg Whitman offered a grim yet encouraging assessment of the PC giant's shortcomings and why it's in a good place after years of acquisitions. HP's outlook for the upcoming fiscal year was slightly ahead of analyst expectations. 

The news got better later in the week when IDC published its report on PC shipments during the third quarter. Bucking the negative trend where global shipments slipped for the sixth quarter in a row, HP sold more desktops and laptops than it did a year earlier. The uptick was even stronger closer to home.

5. Stunning good looks 
Taser  (NASDAQ: TASR  ) is beefing up its arsenal with an acquisition, but it's not a smaller maker of non-lethal weaponry. 

Taser is acquiring Familiar, a company that's best known for its video- and photo-sharing app for smartphones and tablets. Ever since Taser began adding cameras to its stun guns to allow cops to chronicle the justified usage of its stun guns, the company has become more than a one-shock pony.

It's a cheap deal, and it should expand Taser's video-based offerings.

Keep the Smart Moves Coming With These Three Stock Ideas
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "
3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

Read/Post Comments (1) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On October 13, 2013, at 9:25 AM, CraigWPowell wrote:

    Mr.Whitman encouraging assessment of HPQ after years of acquisitions in in a good agreement with

    I Know First algorithmic system

    positive stance on HP.

    HPQ is up +10% since positive signal issued by IKF on 8th of October

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2678039, ~/Articles/ArticleHandler.aspx, 9/25/2016 11:46:40 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:03 PM
DIS $93.27 Down -0.14 -0.15%
Walt Disney CAPS Rating: *****
GOOGL $814.96 Down -0.99 -0.12%
Alphabet (A shares… CAPS Rating: *****
HPQ $15.09 Down -0.03 -0.20%
HP CAPS Rating: ***
SIRI $4.21 Down +0.00 +0.00%
Sirius XM Radio CAPS Rating: **
TASR $28.10 Down -0.14 -0.50%
Taser Internationa… CAPS Rating: ****