Ticker: CCMO
YTD stock performance: 222%
Market cap: $258 million
Fortune 500 rank: 376
CC Media Holdings, parent company of Clear Channel Communications -- host of Rush Limbaugh and Ryan Seacrest radio shows -- was hard hit by declines in advertising during the recession. But it's staged a major comeback this year, with its stock tripling in value.
Much of that ascent came during the first half of the year, when the company posted its first quarterly profit in more than a year, thanks to cost-cutting initiatives and a rebound in advertising revenue.
After peaking around $14, shares of CC Media have since softened and now sit around $11. But CRT Capital Group analyst Lance Vitanza says that's still on the pricey side.
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Last updated December 28 2010: 1:10 PM ET
Source: Capital IQ