These two car rental companies were mentioned in the Friday edition of Investors Business Daily in an article about stocks touching their 50 day moving averages. As this is a likely point to buy strong companies as they bounce off their moving average to move higher, I decided to take a look into the fundamentals of these companies. What can one say but “blah.” Lots of debt, poor margins, and vacillating earnings. As someone with the luxury of being a selective investor, this is an industry group I will pass up.
Rental Cars- Hertz & Avis: HTZ CAR