Car-Rental Stocks Get Twin-Turbos
BOSTON (TheStreet) — A takeover battle between Hertz and Avis for Dollar Thrifty has taken investors on a joy ride this year, and that may continue as rising demand for cheap rentals and a rebound in business travel are driving an earnings rebound. Shares of Hertz, the largest publicly traded company in the business with a market value of $5.1 billion, have jumped 44% over the past three months …
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Car-Rental Stocks Get Twin-Turbos