Diversified Services Stocks On The Rise With Help From 3 Stocks
1. As of noon trading, Hertz Global Holdings ( HTZ) is up $0.29 (1.0%) to $28.28 on light volume. Thus far, 2.2 million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $27.80-$28.35 after having opened the day at $27.91 as compared to the previous trading day's close of $27.99. Hertz Global Holdings, Inc., through its subsidiaries, offers car and equipment rental businesses worldwide. The company operates in two segments, Car Rental and Equipment Rental. Hertz Global Holdings has a market cap of $12.2 billion and is part of the services sector. Shares are down 4.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and none rate it a hold. TheStreet Ratings rates Hertz Global Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hertz Global Holdings Ratings Report now. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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