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Hertz Global Holdings, Inc. (HTZ): A Bull Case Theory

We came across a bullish thesis on Hertz Global Holdings, Inc. (HTZ) on Bill Ackman on X (Twitter). In this article, we will summarize the bulls’ thesis on HTZ. Hertz Global Holdings, Inc. (HTZ)'s share was trading at $7.05 as of 23rd May. HTZ’s trailing and forward P/E were 23.71 and 11.78 respectively according to Yahoo Finance.

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Hertz presents a compelling investment opportunity as both an operating company and a highly leveraged portfolio of automobiles. After acquiring a 19.8%...