Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 1.4%. By the end of trading, Hertz Global Holdings rose $0.76 (2.9%) to $26.64 on light volume. Throughout the day, 6,236,992 shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 10,035,100 shares. The stock ranged in a price between $25.98-$26.80 after having opened the day at $26.10 as compared to the previous trading day's close of $25.88. Other companies within the Diversified Services industry that increased today were:
), up 10.4%,
), up 9.0%,
), up 8.2% and
), up 6.8%.
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Hertz Global Holdings, Inc., through its subsidiaries, is engaged in the car and equipment rental businesses worldwide. It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. Hertz Global Holdings has a market cap of $11.5 billion and is part of the services sector. Shares are down 9.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and none rate it a hold.
TheStreet Ratings rates
Hertz Global Holdings
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Hertz Global Holdings Ratings Report.
On the negative front,
), down 6.8%,
), down 5.9%,
), down 4.3% and
), down 4.2%.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider
) while those bearish on the diversified services industry could consider
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