5 Best Penny Stocks To Buy For 2024

4. Clear Channel Outdoor Holdings, Inc (NYSE:CCO)

Number of Hedge Fund Investors: 31

Advertising company Clear Channel Outdoor Holdings, Inc (NYSE:CCO) shares have gained about 60% year to date. The Clear Channel Outdoor Holdings, Inc (NYSE:CCO) stock recently jumped after billionaire Arturo Moreno reported a 6.8% stake in the out-of-home advertising company.

As of the end of the third quarter of 2023, 31 hedge funds had stakes in Clear Channel Outdoor Holdings, Inc (NYSE:CCO).