1 Growth Stock Down 59% to Buy Right Now

Sirius XM Holdings (NASDAQ: SIRI) has had a difficult year. Over the past 12 months, shares have lost nearly 60% of their value. But the valuation has arguably gotten way too cheap, causing one legendary investor to plow billions of dollars into Sirius XM stock.Could this be the high-potential growth stock your portfolio has been waiting for? There are two reasons in particular to get excited.Across nearly every metric, Sirius XM stock looks cheap. Its price-to-sales multiple has been cut by more than half over the last 12 months. On a free cash flow (FCF) basis, the stock now trades with an FCF yield of more than 10%. Meanwhile, its dividend yield has crept up to nearly 5%, aided by the declining share price. The shares are cheap for a reason. But they are undeniably cheap, especially when compared to their recent past.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool