Why Sirius (SIRI) Stock Is Up Today

NEW YORK (TheStreet) -- Shares of Sirius XM Holdings Inc. (SIRI) are up slightly 1.02% to $3.46 in early afternoon trading on Monday after the commercial free satellite radio company announced its special programming for Independence Day weekend, including music, sports, talk, and comedy.

Listeners will hear music broadcasted from the Essence Music Festival in New Orleans, the Electric Daisy Carnival in Las Vegas and New York, and more.

Comedian Gabriel Iglesias will take over the Raw Dog Sirius Comedy Hits show over the July 4 weekend and Sirius XM will broadcast "Aspen Ideas Radio" which will feature a conversation with Hilary Clinton and Walter Isaacson, the CEO of the privately held Aspen Institute, from the 2014 Aspen Ideas Festival.

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Separately, TheStreet Ratings team rates SIRIUS XM HOLDINGS INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate SIRIUS XM HOLDINGS INC (SIRI) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value."

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