Hertz Global Holdings (HTZ) is a stock you may want to consider buying. Investors that have been shaken up by the recent decline in earnings and price per share have begun selling large blocks of stock which means there could be na opportunity for investors that have the stomach to buy and take long positions.
The Hertz Corporation, which is subsidiary of Hertz Global Holdings, Inc., operates the vehicle rental brands in almost 10,000 franchisee and corporate locations throughout the world. The Hertz Corporation has significant name brand recognition in Asia, Europe, North America, the Caribbean, Africa, New Zealand, Australia, and the Middle East. This is a name brand Worth purchasing after the fall in its stock price over the last month.
Hertz Global Holdings (HTZ) has begun to catch the interest of institutional investors and investment banks who are looking to cash in on what they see as a temporary problem with reported earnings. “A brand like this has its ups and downs. Investors should be buying when they are afraid and now is one of those times. The company has always recovered from momentary downward trends and it will return to higher levels in the future”, said Market analyst Jim Cramer. Hertz President and CEO Cathryn Marinello went on to say “It is astounding and ironic that some analysts have recently criticized the decrease in the temporary decline in the stock price and at the same time we are winning awards”.
And Hertz is, literally, winning awards, In fact they just won the top recognition in the 2017 Flyer Talk Awards for the fifth straight year. Buyers of Hertz stock can see that the price of the stock can be purchased at a cheap price today, the same day Hertz is being recognized as one of the leading transportation companies in a global industry.
Our money is on Hertz. For more information about Hertz go to http://www.Hertz.com