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
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

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Bloodiest UFC Fights Ever Fought

Most Expensive Rum Brands in the World

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!