Was Jim Cramer Right About Hertz Global (HTZ) Stock?
From Yahoo Finance: 2025-05-16 16:13:00
In 2024, a caller asked Jim Cramer about Hertz Global Holdings, Inc. (NASDAQ:HTZ) and whether to sell or hold. Cramer took a neutral stance, but the stock declined 2.50% over the past year, briefly hitting its $8 target price. The company is transitioning to electric vehicles and mobility services. In April, Cramer was cautious about Bill Ackman’s stake in HTZ, advising to take out the cost basis and let the rest ride. While HTZ has growth potential, some AI stocks may offer higher returns with limited downside risk. Check out the report on the cheapest AI stock for more promising options.
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