Warren Buffett’s Berkshire Hathaway’s stock picks are closely watched. Recently, they bought a high-yielding stock that Wall Street analysts disapprove of. Buffett’s track record of success makes investors pay attention. Berkshire holds a significant stake in Sirius XM, despite its stock declining by 63% in the past five years. Buffett’s team sees potential in the company’s transformation plan to increase subscribers and cash flow. Analysts remain skeptical, but long-term investors may find value in Sirius XM’s low valuation and high dividend yield.

Read more at Yahoo Finance: Does Warren Buffett Know Something Wall Street Doesn’t? The Billionaire Has Been Buying a Nasdaq Stock-Split Stock With a Hearty 5% Dividend Yield That Certain Wall Street Analysts Recommend Selling.