2024-06-11 16:33:40 ET
Summary
- United Rentals' stock has outperformed the equity market by a very wide margin over the past 12 months.
- Investor sentiment appears to be way too optimistic given the company's near-term prospects.
- Evaluating the effectiveness of the current strategy should also be taken into account.
Untied Rentals' ( URI ) stock continued to outperform the broader equity market over the past 12-month period. The stock is up a staggering 63% during that period which is more than twice the return of the broader equity index....
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United Rentals: Limited Upside In The Near-Term