5 Best Falling Stocks To Buy Right Now

4. Avis Budget Group, Inc. (NASDAQ:CAR)

Year To Date Share Price Drop: 36.09%

Number of Hedge Fund Investors In Q4 2023: 27

52-Week Range: $112.13 – $244.95

Current Share Price: $112.25

Avis Budget Group, Inc. (NASDAQ:CAR) is a car and truck rental and leasing company with a presence in Europe, Asia, and other continents. The firm posted a strong set of Q4 and full year 2024 earnings results in February 2024 when it revealed that respective revenues of $2.4 billion and $12 billion were the highest in its history.

Insider Monkey’s fourth quarter of 2023 survey covering 933 hedge fund portfolios revealed that 27 had invested in Avis Budget Group, Inc. (NASDAQ:CAR). Karthik Sarma’s SRS Investment Management was the firm’s biggest investor through its $3 billion stake.

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