LAMR - Clear Channel Outdoor Stock Could Help Your Portfolio Beat Inflation
- Many of Clear Channel's largest expenses are fixed costs which are locked in for years.
- The company has been upgrading to digital billboard faces which require less labor and can be operated remotely.
- Management has discussed that they could look at tuck-in or bolt-on acquisitions, which could result in significant cost savings on acquired assets.
- The company's board might decide to divest the European assets, which could deleverage the balance sheet and make Clear Channel an even more attractive takeover target.
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Clear Channel Outdoor Stock Could Help Your Portfolio Beat Inflation