Tim Brown: Think About Getting Sirius

A lot of my picks have been for tried-and-true companies -- companies you have probably all heard of that have solid balance sheets and somewhat predictable long-term performance. They are good companies that have been solid and will be solid over the years. However, today's pick is a little different.

In football, you have to take a shot downfield every once in a while and go for the big play. In investing, in order to really make a killing, it helps to find a stock that is not only undervalued but also cheap. Yes, you often have greater risk, but the upside can be much greater as well. Again, it's just like on the gridiron. If you throw a "Hail Mary," the other team often comes down with the ball, or at the very least, the defense manages to break up that heave. However, once in a while, it works. You have to pick the right spot, and in this case, the right company.

While I don't view Sirius XM Radio(SIRI Quote) as a Hail Mary play, I do believe it is a pick that gives me a lot of potential upside.

First, the merger between Sirius and XM should undoubtedly help the two companies achieve economies of scale. It should help put both businesses in better shape and streamline their offerings and reduce overhead. The books are not pretty at Sirius, but they aren't as bad as a lot of people say. ...