Here’s Wedgewood Partners’ Investment Thesis for United Rentals (URI)
From Yahoo Finance: 2025-04-18 07:40:00
Wedgewood Partners released its Q1 2025 investor letter, reporting a -6.3% net return for Wedgewood Composite compared to the S&P’s -4.3%. United Rentals, Inc. was highlighted as a stock pick, with a one-month return of -6.21% and a closing stock price of $591.50 on April 16, 2025.
United Rentals, Inc. (URI) is not on the list of 30 Most Popular Stocks Among Hedge Funds, with 58 hedge fund portfolios holding the stock at the end of Q4 2024. The company’s revenue grew by 9.8% year-over-year to nearly $4.1 billion. The focus remains on AI stocks for higher returns in a shorter timeframe.
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