Could Sirius XM Be a Millionaire-Maker Stock?
Satellite radio veteran Sirius XM (NASDAQ: SIRI) has made millionaires before. If you had invested $50,000 in Sirius at the end of 1994, that holding would have been worth more than a million dollars at the turn of the millennium.
Could you make a million dollars from a relatively small investment today? Let's have a look.
Sirius XM saw its annual revenues rise by 86% over the last five years. That works out to a compound annual average growth rate of 13%. Impressive stuff, right?
Source Fool.com
