Avis Budget Group, Inc.
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A Travel Package of Stocks
By Alexander MacLennan - June 19, 2013 | Tickers: CAR, DAL, HTZ, IHG
When you go to a travel site like Expedia, Travelocity, or Orbitz to book a trip, the websites will often offer travel packages complete with airfare, rental car, and hotel lodging. And they do this for a good reason. Not only do the booking sites make more money through more sales, but they also know travelers often require multiple purchases to fulfill their travel experience. This is a lesson for more »
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Which One Is Better: Hertz or Avis?
By Zain Abbas - June 17, 2013 | Tickers: UHAL, CAR, HTZ
Investors have recently shown great interest in the car rental space. In fact, interest first began to pick up back in December, shortly after Hertz Global’s (NYSE: HTZ) acquisition of Dollar Thrifty Automotive closed. Since then, the market has seen both short-term and long-term investors express interest. Naturally, one might wonder what inning we’re in on the car rental trade, especially given the fact that both Avis Budget more »
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3 Ways to Play the Airline Industry
By Robinson Roacho - June 12, 2013 | Tickers: ALK, CAR, SAVE
Airline stocks have been in favor so far this year after being slashed in the 2000s. Airlines have experienced increasing passenger traffic and lower costs of operations due to more fuel-efficient aircraft. To take profit from the improving airline market, a basket of companies in different industries may be bought. This article presents three stocks that offer an interesting investment prospectus.
The airline
Most of the stage is shared between more »
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Is Rental Service a Good Business?
By Victor Selva - June 5, 2013 | Tickers: CAR, HTZ, URI
Recently, the rental business has been delivering considerable upside, mainly due to higher U.S. pricing and a recovering economy. Leading companies in this sector now deserve more attention from investors; in this article we will look into two car rental and one equipment rental enterprises that dominate within their industries. These are Hertz Global Holdings (NYSE: HTZ), Avis Budget Group (NASDAQ: CAR) and United Rentals (NYSE: URI).
According to more »
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The New Norm of the Car Rental Industry
By Kaitlyn Tokay - June 4, 2013 | Tickers: UHAL, CAR, HTZ
What do Dollar Thrifty, IGO Carsharing and ZipCar all have in common? They were all acquired by rental companies in the last year to cash-in on the short term car rental space. Although the rental car business has declined in the recent months, due to economic conditions, the the major players are looking for new growth opportunity within the short-term rental market.
Growing Fleets
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How to Invest in Air Travel Without Buying Airlines
By Alexander MacLennan - June 4, 2013 | Tickers: CAR, DAL, HTZ
In previous articles I have noted the changes happening in the airline industry that should help boost airline earnings and stability over the next few years. Many investors are still cautious of the airline sector, but do see an increase in air travel occurring over the next few years. These investors are looking for investments that benefit from an increase in air travel, but do not carry all the risks more »
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Car and Equipment Rental Businesses Look Interesting
By Anh HOANG - May 29, 2013 | Tickers: CAR, HTZ, URI
Hertz Global Holdings (NYSE: HTZ) has experienced a nice rise since the beginning of November 2012, climbing from $13.10 per share to $25.20 per share. Interestingly, Hertz is in the portfolio of many famous value investors and funds, including George Soros, T. Rowe Price, and Vanguard Group. Barron’s also expected that its share price might increase by 70% in the next two years. Should investors buy Hertz more »
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Should You Profit from the Millennials' Malaise?
By AnnaLisa Kraft - May 22, 2013 | Tickers: AN, CAR, KMX, F, GM
Maybe it all started going south for the Millennials when the ramp up in college costs drove their generation to take on debt. Maybe it was a perfect storm of a recession, tight job market, and tighter credit, not to mention a financial crisis in which universities' endowments lost money big time, but the end result is the same. A generation that can't afford to buy new cars or more »
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Transportation Is Driving This ETF to New Heights
By Jeff Stouffer - May 20, 2013 | Tickers: CAR, HTZ, LUV, XTN, LCC
A key component of The Dow Theory is that transportation is an essential ingredient of an improving economy. Without the profitability in transportation companies to move goods to the consumer, an upturn in manufacturing output is not confirmed
The SPDR S&P Transportation ETF (NYSEMKT: XTN) is an exchange-traded fund that holds 40 stocks of transportation companies. This ETF was brought to the market on Jan. 26, 2011, and the more »
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3 Leading Companies in the Rental Business
By Victor Selva - May 16, 2013 | Tickers: CAR, HTZ, URI
Recently, the rental business has been delivering considerable upside, especially due to higher U.S. pricing and a recovering economy. Industry leading companies in this sector now deserve more attention from investors. Hertz Global Holdings (NYSE: HTZ), Avis Budget Group (NASDAQ: CAR) and United Rentals (NYSE: URI) fall into this category and justify a succinct analysis in order to elucidate if they compose worthy investments.
An interesting opportunity in the more »
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2 Rental Car Stocks to Buy
By Zain Abbas - May 13, 2013 | Tickers: UHAL, CAR, HTZ
Perhaps the largest development for the rental companies this year has been commentary around positive US pricing data – the positive comments, combined with an overall renewed interest in the rental space, has yielded stellar trading performance for Avis Budget Group (NASDAQ: CAR) and Hertz Global (NYSE: HTZ).
What needs to be questioned is: Will this strong pricing persist? If yes, then it might not be too late to jump into more »
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Buy the Best Company in the Industry
By Ted Cooper - May 6, 2013 | Tickers: UHAL, CAR, PAG
As an investor, I tend to favor companies that are the best at what they do; I would hate to own a company that is only second-best or third-best in its industry. That is why I like Amerco (NASDAQ: UHAL) -- owner of U-Haul, North America's largest do-it-yourself (DIY) equipment rental company. In addition to operating the lowest-cost truck rental company in the industry, Amerco also owns valuable real estate more »
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The Booming Car Rental Industry
By Timothy Green - April 10, 2013 | Tickers: CAR, HTZ
The rental car industry was hit particularly hard by the recession. As people delayed vacations and generally traveled less, revenues dropped and stock prices plummeted. Since the car rental companies typically carry a lot of debt, their bankruptcy seemed like a real possibility. But as the economy has recovered car rental companies have returned to prosperity. My favorite of the bunch, Hertz Global (NYSE: HTZ), has seen its stock price more »
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Buy the Rentals
By Austin Higgins - April 10, 2013 | Tickers: CAR, HTZ, URI
More people are expected to travel this year, and business travel in particular will experience 12% growth, according to the Global Business Travel Association. When people travel, car rental companies often profit. There are only a few publicly traded rental car companies to choose from, so which should you pay attention to?
Hertz Global
MKM Partners put a new price target on Hertz Global (NYSE: HTZ). Its analysts recommend the more »
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The Booming Car Rental Industry
By Timothy Green - April 8, 2013 | Tickers: CAR, HTZ
The rental car industry was hit particularly hard by the recession. As people delayed vacations and generally traveled less revenues dropped and stock prices plummeted. Since the car rental companies typically carry a lot of debt their bankruptcy seemed like a real possibility. But as the economy has recovered the car rental companies have returned to prosperity. My favorite of the bunch, Hertz Global (NYSE: HTZ), has seen its stock more »
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Automakers Invest in Car-Sharing Industry
By Eileen Rojas - April 8, 2013 | Tickers: CAR, DDAIF.PK, GM
Car sharing is part of the growing peer-to-peer rental networks that rose shortly after the global financial crisis began between 2008 and 2010. And the internet has made the process of pairing owners and renters very easy. New ventures include Airbnb, which plays matchmaker to those who want to rent out a vacant room, and RelayRides, which let's you find individuals willing to rent out their cars for a more »
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Automakers Invest in Car-sharing Industry
By Eileen Rojas - April 3, 2013 | Tickers: CAR, GM
Car sharing is part of the growing peer-to-peer rental networks that rose shortly after the global financial crisis began between 2008 and 2010. And the internet has made the process of pairing owners and renters very easy. New ventures include Airbnb, which plays matchmaker to those who want to rent out a vacant room, and RelayRides, which let's you find individuals willing to rent out their cars for a more »
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Buy the Rentals
By Austin Higgins - April 3, 2013 | Tickers: CAR, HTZ, URI
MKM Partners put a new price target on Hertz Global Holdings, Inc. (NYSE: HTZ). Its analysts recommend the company as a buy and see the stock going to $30 per share. This is a 28% premium to its current stock price.
Net income growth is expected to be 42% next year. Hertz management announced it expects earnings per share to rise to $3.10 in fiscal year 2015. Last year more »
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Oligopoly or Not, Car Rental Stocks Are Untouchable
By Jordan Wathen - March 25, 2013 | Tickers: CAR, HTZ
Jim Cramer may be a fan of recently hot auto rental stocks, but investors should temper their enthusiasm - an oligopoly does not necessarily make a good business.
Game theory in microeconomics reveals plenty about the ability of a firm, or several firms, to generate economic profits. While an oligopoly does lend itself to improved margins when competitors align themselves against consumers, there is no natural force that makes an oligopoly more »
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EmergingGrowth.com's Take on Zipcar
By Charles Tamburello - March 21, 2013 | Tickers: CAR, ZIP
Zipcar (NASDAQ: ZIP) is an emerging growth company with a market cap of $490 million with shares closing at $12.26 on March 8. You don’t always get to see much by the way of USPs (Unique Selling Points) in the transportation industry. However, Zipcar has been the epitome of uniqueness since its formation in 2000 when it pioneered the concept of car sharing as an alternative to car more »
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