Too many investors get too excited about certain stocks, jumping in without comparing them to other possibilities. This is equally true for great investments and terrible ones. That's why I'm about to play devil's advocate.
In this series, I try to help investors see greater possibilities by highlighting a few other companies to consider before you take the plunge into a given stock.
Today's stock is Sirius XM Radio
Two fellow satellite providers
Like Sirius does for radio, DirectTV
A fellow music stock
Just as terrestrial players fear becoming obsolete at the hands of Sirius, Sirius fears the threats of Internet radio and handheld music devices. Apple's
Apple plays in many fields -- it's a computer stock, a telecom stock, a whatever-an-iPad-is stock, and yes, a music stock. Its iTunes store and popular hardware make it a real player in the space.
Two fellow beaten-down stocks
Because of its massive share count, Sirius XM still has a market cap of $4 billion despite its $1 share price. Another stock in Sirius's shoes is YRC Worldwide
The final reminder
As you decide between Sirius XM and these other alternatives (or none of the above), remember that I don't intend these companies as recommendations, nor as a criticism of Sirius XM. It's simply always a good idea to analyze many semi-related companies before you make any buy decision. If any of these strike your fancy, you can start your research by checking out what our CAPS community thinks. Good luck!
For more stock alternatives, I did the same exercise for FedEx.