5 Best NASDAQ Stocks Under $20

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

Number of Hedge Fund Investors In Q1 2023: 45

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is a car rental firm with a global operations base. Like American Airlines, it stands to benefit from a growth in global travel, but the hangover from its bankruptcy filing still lingers over investor sentiment. As evidence of a potential rebound, the firm has beaten analyst EPS estimates for all four of its previous quarters.

By the end of 2023’s first quarter, 45 out of the 943 hedge funds part of Insider Monkey’s database had held a stake in Hertz Global Holdings, Inc. (NASDAQ:HTZ). Out of these, Tom Wagner and Ara Cohen’s Knighthead Capital is the largest shareholder with a stake of $2.9 billion.

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