- After trading mostly sideways for the last five years, AMERCO have seen its shares hit an all-time highs following an excellent 2QFY21 earnings report in early November.
- Pent-up demand from the lockdown and a mass migration out of urban centers since mid-2020 were chiefly responsible for the earnings and revenue surges.
- Management is taking a cautious stance on the future, but recent insider buying merited a closer look.
- A full investment analysis follows in the paragraphs below.
For further details see:
Amerco: U-Haul Is Beneficiary Of Mass Migration Out Of Large Cities