Why Fast-paced Mover Clear Channel Outdoor (CCO) Is a Great Choice for Value Investors
Zacks Investment Research reports that Clear Channel Outdoor passed its "Fast-Paced Momentum at a Bargain" screen, flagging it as a stock with strong recent momentum that is still trading at reasonable prices. The company was highlighted as one of several stocks that made it through this screening process.
Why it matters — CCO watchers would care that the stock was recognized by Zacks as combining recent momentum with a reasonable valuation in its screening criteria.