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Clear Channel (CCO) Looks Good: Stock Adds 6% in Session


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Clear Channel Outdoor Holdings Inc. CCO was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.41 to $7.09 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past one month, while the Zacks Consensus Estimate has moved higher over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future

Clear Channel currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

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A better-ranked stock in the same industry is Marin Software Incorporated MRIN , carrying a Zacks Rank #2 (Buy).

Is CCO going up? Or down? Predict to see what others think:  Up or Down

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MARIN SOFTWARE (MRIN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: CCO , MRIN



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