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Enter Symbol:
 
Clear Channel Outdoor Holdings, Inc. (CCO) [hlAlert]

Rating:
Sell CCO
up 91.98 %

Clear Channel Outdoor Holdings, Inc. (CCO) rated Sell by SMH Capital

Posted on: Wednesday,  Jul 9, 2008  11:25 AM ET by SMH Capital

SMH Capital rated Sell Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) on 07/09/2008, when the stock price was $15.09.
Since then, Clear Channel Outdoor Holdings, Inc. has lost 47.91% as of 11/06/2015's recent price of $7.86.
If you would have followed this SMH Capital's recommendation on CCO, you would have gained 91.98% of your investment in 2676 days.

Clear Channel Outdoor Holdings, Inc. provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes, spectaculars, neons and mall displays. The segments of the Company include Americas and International. During the year ended December 31, 2008, the Company owned or operated approximately 908,000 advertising displays globally. On July 30, 2008, Clear Channel Communications completed its merger with a subsidiary of CC Media Holdings, Inc., or CC Media Holdings, a company formed by a group of private equity funds sponsored by Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. Clear Channel Communications is owned indirectly by CC Media Holdings.

Sanders Morris Harris has built a unique, niche-oriented research effort that's attuned to the Southwest, yet takes a broad, global perspective. Our analysts cover some 100 companies in six broad sectors, including business services; energy; entertainment & media; financial services; and technology. Whatever the geographical focus, our research approach is fundamental and no-nonsense. We look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. And we provide straightforward, timely advice to both institutional and private clients based on that research. Unlike many Wall Street firms, which have developed arcane "recommendation matrixes," we have three simple categories of investment advice: buy, sell and hold. And we transmit our recommendations in timely, useful form. Our on-line Research Library gives clients access to the full range of company reports and bulletins generated by our analytical staff. Above all, of course, the success of SMH's research effort rests on its gifted team of analysts - a purposeful blend of experienced research pros and young, creative individuals, all of whom have honed their financial skills within the target industry or with major accounting firms. The combination works. Three of our analysts have appeared on the Wall Street Journal roster of All-Star Analysts or on the Institutional Investor's All-Star Research Team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/9/2008 11:25 AM Sell
None
15.09
as of 12/24/2008
1 Week up  5.64 %
1 Month down  -85.59 %
3 Months up  13.60 %
1 YTD up  70.11 %

(*) Stock Price at the time of the recommendation.
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