CAR News and Press, Avis Budget Group Inc. From 03/27/22

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

The week ending March 18 was the best week so far in 2022 for industrial stocks (market cap of over $2B) as the top five gainers each amassed more +36% while the top 10 all grew by +20%. Stocks ended the March 16 session with notable gains, surviving a midday swoon followi...

The rising probability of both cyclical and "secular" bear markets over the remainder of the decade is decidedly negative for small-cap transportation stocks. Most small-cap transportation returns occur because they are small caps. The return of the size effect in the second half ...

Gainers: Eastman Kodak Company (KODK) +34%, Sky Harbour Group (SKYH) +33%, Team (TISI) +20%, Solid Power (SLDPW) +13%, Kanzhun (BZ) +10%. Losers: Park-Ohio (PKOH) -7%, Avis Budget Group (CAR) -7%, Singularity Future Technology (SGLY) -6%, MingZhu Logistics (YGMZ) -6%, VirTra (VTSI) ...

The week ending March 11 saw energy solutions related stocks soar to the top five while Chinese companies formed the majority of the worst decliners. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) -2.80% was in the red for the second week in a row. YTD the ETF is -11.56%. The In...

The following slide deck was published by Avis Budget Group, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: Avis Budget Group, Inc. 2021 Q4 - Results - Earnings Call Presentation

The future is looking brighter for companies involved directly or otherwise in the travel industry. This, combined with an article in a major newspaper about a new law for rental companies, helped push Avis Budget Group 's (NASDAQ: CAR) shares up past the 12% mark on Thursday. I...

With the financial media marinating in bearish stories — 7% inflation, monetary policy set for dramatic tightening as the Fed turns hawkish, and geopolitics in eastern Europe casting a dark pall — bears are very active on the short side. In fact, according to sentimentrader.com,...

Our investment in Dollar Tree is more representative of our typical time horizon and investment philosophy. While the timing of that scenario is impossible to predict, we increased our position in September as shares traded back towards our original 2017 purchase price. In our exp...

Avis Budget Group hit a new record for quarterly EBITDA. From a fundamental perspective, our rental car industry investment thesis was predicated on a few primary drivers. We liquidated our entire position on the third-quarter earnings announcement. For further details see: ...