Recommendation
With a big market correction (more than 50%) starting from May last year until January 2019, investors might be asking, "can car rental companies like Avis Budged Group (CAR) compete with peer to peer car sharing companies?"
The core investment thesis is that CAR will continue into a downwards going spiral with pressure coming from HYRE, Getaround, Turo, auto manufacturers, and more pressure coming from the increasing depreciation costs of vehicles. Although I do expect the stock stable to higher until the third quarter of 2019, I also think that customer focused