Greg Abel's Berkshire Hathaway Owns 37% of This Company. Here's Why the Stock Is Also a Buy for Retail Investors.

Berkshire Hathaway increased its stake in Sirius XM to 37.4% by purchasing $27 million in shares. The satellite radio company has shown improvement in 2026 with positive subscriber growth and cash flow gains. A strategic deal with Alphabet to manage YouTube's audio ad inventory could generate up to $2 billion in incremental annual revenue by 2029, positioning Sirius XM as a profitable player in audio advertising.