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Is This the Top for Clear Channel Outdoor Holdings, Inc. (CCO) - Tale of the Tape

By: Zacks.com
Posted: 10/4/2013 5:06:00 AM
Referenced Stocks: CCO

Clear Channel Outdoor Holdings, Inc. ( CCO ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CCO is now in overbought territory with an RSI value of 74.0. Furthermore, estimates for the Clear Channel Outdoor Holdings, Inc. have been coming down, pushing it to a Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.



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