From Nasdaq: 2025-03-27 14:34:00

Geopolitical news is boosting auto rental sector stocks, with Avis Budget Group (CAR) and Hertz Global Holdings (HTZ) each up around 20% due to new tariffs on imported vehicles. The impact of tariffs on automakers and related businesses is expected to increase vehicle costs, potentially benefiting rental companies like Avis and Hertz. Short squeezes are also likely occurring as investors scramble to cover their positions, driving up demand for these stocks.

While car rental stocks may see a short-term boost from tariffs, long-term investors may want to look elsewhere for opportunities due to the industry’s historically tough economics. A “Double Down” stock recommendation is being issued for three companies with significant growth potential, offering a second chance for potentially lucrative investments.



Read more at Nasdaq: Why Car Rental Stocks Are Surging Today