iHeartMedia: Set Up For Big 2024
iHeartMedia(IHRT) Seeking Alpha·2024-04-17 18:33
hapabapa Though iHeartMedia, Inc. (NASDAQ:IHRT, OTCPK:IHRTB) faces a big advertising boost from the U.S. Presidential election cycle this year, the stock now trades back at the lows due to economic fears. In addition, the media company should ride the Podcast market growth over the next few years, as the revenue generated by this medium is still relatively small. My investment thesis remains ultra-bullish on the stock, with solid cash flows helping reduce the debt fears. Source: Finviz Big 2024 Ahead iHeart ...