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Avis Budget Group (CAR-Q)
NASDAQ:CAR
94.10
1.99
(2.07%) 1d
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All the rental car companies are extremely volatile. They tend to be small. A lot of the spending that goes there is very cyclical. No one has to rent a car. They are also up against Uber. However, the companies are cheap and just crying out for consolidation. On pullbacks, he would add to positions.
The whole rental business is going through a difficult period. The popularity of Uber is actually a negative for car rentals. It is quite competitive in terms of pricing. The business is pretty difficult and she would not invest there.
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Avis Budget Group(CAR-Q) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Avis Budget Group(CAR-Q) Frequently Asked Questions
What is Avis Budget Group stock symbol?
Avis Budget Group is a American stock, trading under the symbol CAR-Q on the NASDAQ (CAR). It is usually referred to as NASDAQ:CAR or CAR-Q
Is Avis Budget Group a buy or a sell?
In the last year, there was no coverage of Avis Budget Group published on Stockchase.
Is Avis Budget Group a good investment or a top pick?
Avis Budget Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Avis Budget Group.
Why is Avis Budget Group stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Avis Budget Group worth watching?
In the last year, there was no coverage of Avis Budget Group published on Stockchase.
What is Avis Budget Group stock price?
On 2024-12-13, Avis Budget Group (CAR-Q) stock closed at a price of $94.1.
Used cars took off two years ago, and this got caught up in meme trading. Their PE is way off the charts, and used car prices are declining. We also face a recession if not now then next quarter.