This Week’s 5 Smartest Stock Moves: Sirius XM Radio Inc (SIRI), Baidu.com, Inc. (BIDU) and More

Page 1 of 2

If you’re feeling good about the market, you’re not alone. Take my hand as we go over some of this week’s more uplifting headlines.

1. Sirius opportunity
Sirius XM Radio Inc (NASDAQ:SIRI) knows that there are plenty of radio buffs that it could be reaching, and it wants to give them a taste.

The satellite radio giant is activating all of its dormant receivers for two weeks. The preview of the company’s 60 commercial-free music stations as well as its news, talk, sports, and entertainment channels began on Wednesday.

Sirius XM Radio Inc (NASDAQ:SIRI)

It’s a smart move.

A little more than half of drivers who take advantage of the free trials offered after buying new and now used cars don’t stick around as paying customers, and this is a way to reach out to them. There are tens of millions of cars out there with inactive receivers. It doesn’t cost Sirius XM anything to make the service temporarily available, and the end result is incremental.

Sirius XM has had these previews before, though two weeks is a bit longer than usual. The media giant is also going out of its way to encourage subscribers to tell their family and friends about the trial to raise awareness.

2. Baidu.com, Inc. (NASDAQ:BIDU) plays hardball
Baidu is beefing up its attack on pesky rival Qihoo 360 Technology Co Ltd (NYSE:QIHU).

Qihoo 360 is telling investors this week that Baidu is using a plug-in that warns users of Qihoo 360′s Internet browser that’s incompatible with China’s leading search engine.

It’s not the first time that a Chinese juggernaut and Qihoo 360 have battled this way, but it was Qihoo 360 on the offensive that time. Qihoo 360 tried to trip up Tencent when it rolled out QQ Doctor three years ago — gaining 40% of the security software market overnight — by having its own 360 Safeguard software flag it as malicious.

Is Baidu giving Qihoo 360 a taste of its own medicine? If so, Baidu’s picking a good time to go after a company whose new search engine has been giving it fits. Qihoo 360′s CFO is claiming that its apps were “abruptly removed” from the iconic App Store last week. Qihoo 360 has also been recently called in to the Beijing Industrial and Commercial Administration Bureau to discuss potential anti-competitive practices.

3. Deny my friend request, but not by swipe
Facebook Inc (NASDAQ:FB) is introducing gift cards that can be used through its Facebook Gifts platform.

This isn’t the same as the social gaming credits that have been available for purchase for some time. The new plastic will be specifically tied to the Facebook Gifts platform that the leading social networking website introduced just before last year’s holiday shopping season.

The draw here is that it will generate offline buzz for the online platform and its merchants.

Facebook has more than a billion active users, so opting for a Facebook Gifts card may make as much sense as iTunes gift cards when someone is unsure of what to get somebody on a special occasion.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!