Back to top

Image: Bigstock

Clear Channel Outdoor (CCO) Surges: Stock Moves 5.2% Higher

Read MoreHide Full Article

Clear Channel Outdoor Holdings, Inc. (CCO - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $2.78 to $2.27 in the past one month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Clear Channel Outdoor currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Clear Channel Outdoor Holdings, Inc. Price

Investors interested in the Business Services sector may consider SPS Commerce, Inc. (SPSC - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.

See 7 handpicked stocks now >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


SPS Commerce, Inc. (SPSC) - free report >>

Clear Channel Outdoor Holdings, Inc. (CCO) - free report >>