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Bullish Case: Benefiting from digital footprint expansion, insider investments, and strategic framework positioning for out-of-home advertising market growth. Recent revenue upsurge aligns with industry forecasts.


Bearish Case: High volatility and negative price trajectories suggest market skepticism. Significant revenue growth overshadowed by operational income decline and unconvincing book value metrics.


Potential Outcomes:

1. Continued digital growth and strategic focus lift stock: 60%.

2. Market's unfavorable view leads to further decline: 25%.

3. Unexpected operational setbacks cause substantial drop: 15%.


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March 28, 2024


Clear Channel Outdoor Forecast

CCO        Clear Channel Outdoor
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CCO



THO Forecast + Options Trading Strategies   [THO]  Thor Industries (0.89)


MAC Forecast + Options Trading Strategies   [MAC]  Macerich (0.88)


WCLD Forecast + Options Trading Strategies   [WCLD]  WisdomTree Cloud Computing (0.88)


LSEA Forecast + Options Trading Strategies   [LSEA]  Landsea Homes Corporation (0.87)


AX Forecast + Options Trading Strategies   [AX]  Axos Financial (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to CCO



KDP Forecast + Options Trading Strategies   [KDP]  Keurig Dr Pepper (0.0)


CLMT Forecast + Options Trading Strategies   [CLMT]  Calumet Specialty Products (-0.0)


IPI Forecast + Options Trading Strategies   [IPI]  Intrepid Potash (-0.0)


SIL Forecast + Options Trading Strategies   [SIL]  Global X Funds - Global X Silver Miners (-0.01)


BYD Forecast + Options Trading Strategies   [BYD]  Boyd Gaming (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CCO



SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.83)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.84)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.84)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.87)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.87)


CCO News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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