LAMR trades with a PE of 100. They do billboards/signs. Yawn. GOOG recently reported fewer people clicking on ads and was given a 15% haircut. GOOG now trades at a 33 PE and pretty much owns the US internet search market. If a 33 PE were a fair value for LAMR, it would be trading at $13/share. LAMR is way overvalued. Some funds like SPO Advisory have been b...
Lamar Advertising Company, together with its subsidiaries, provides outdoor advertising services in the United States, Canada, and Puerto Rico. It offers outdoor advertising displays, such as billboards, including bulletins and posters; logo signs; and transit advertising displays. The company offers its services to restaurants, retailers, automotive, real estate companies, health care, gaming, se...
Lamar Advertising Company, together with its subsidiaries, provides outdoor advertising services in the United States, Canada, and Puerto Rico. It offers outdoor advertising displays, such as billboards, including bulletins and posters; logo signs; and transit advertising displays. The company offers its services to restaurants, retailers, automotive, real estate companies, health care, gaming, ser...