5 Best Affordable Stocks to Buy Under $5

2. Clear Channel Outdoor Holdings, Inc. (NYSE:CCO

Share Price as of December 17: $1.0200
Number of Hedge Fund Holders: 33

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) is an outdoor advertising firm with a varied portfolio of roughly 500,000 print and digital displays in 31 countries spanning North America, Europe, Latin America, and Asia, reaching millions of people on a monthly basis. 

CCO is present in 41 of the top 50 and the top 20 designated market areas (DMAs) in the United States. With a concentration on heavily populated metropolises, its European portfolio consists of 17 nations (16 European countries plus Singapore). CCO’s extensive reach enables them to give marketers broad reach and frequency across the country.

Over the next three years, Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) expects its continued investment in digital installations to support sustained growth. Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) can provide its clients efficiency and value that has never been seen before thanks to digitalization and RADAR-based programmatic buying improvements. CCO is now undervalued due to the pandemic disruption, but it is likely to rebound.

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