5 Best IPO Stocks To Buy Heading Into 2023

Page 1 of 5

In this piece, we’ll take a look at the 5 Best IPO Stocks To Buy Heading Into 2023. For more such companies, go to 12 Best IPO Stocks To Buy Heading Into 2023.

5. Hertz Global Holdings, Inc. (NASDAQ:HTZ)

Number of Hedge Fund Holders: 47

IPO Year: 2021

Headquartered in Estero, Florida, Hertz Global Holdings, Inc. (NASDAQ:HTZ) is a US-based car rental company. The company operates its car rental services through a network of car rental locations under the brand name Hertz, Dollar rent a car, Firefly Car Rental, and Thrifty Car Rental.

On December 6, 2022, Christopher Stathoulopoulos, an analyst at Susquehanna, began covering Hertz Global Holdings, Inc. (NASDAQ:HTZ) with a price target of $18 and a Neutral rating. The analyst believes that the pent-up travel demand is going to normalize in the future, although the timing of it would be hard to predict.

According to Insider Monkey’s database, 47 hedge funds held stakes in Hertz Global Holdings, Inc. (NASDAQ:HTZ) at the end of the third quarter ending September 2022. Knighthead Capital remained the leading stakeholder in the company at the end of Q3 2022.

Page 1 of 5