Sirius XM Holdings (NASDAQ: SIRI) is one of the cheapest stocks out there, but there's an obvious joke behind the notion that the satellite radio provider can appreciate tenfold from here.

Sirius XM Holdings stock (NASDAQ: SIRI) has declined by about 60% this year, amid several challenges, including a sluggish recovery in the automotive industry and adverse advertising trends.

Sirius XM stock has a high yield. It produces plenty of free cash flow. However, its revenue has been lackluster. Many investors appreciate receiving dividends from companies. They often look at ...