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Zacks Equity Research

Is This the Top for Clear Channel Outdoor Holdings, Inc. (CCO)
October 04, 2013

CCO

Trades from $3
Clear Channel Outdoor Holdings, Inc. (CCO - Free Report) 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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