Avis Budget: Used Car Optimism Is Priced In (Downgrade)

Avis Budget Group (NASDAQ: CAR ) has staged a remarkable rally from its March lows, pushing shares up 9% from last year. Given its business is highly levered to the residual value of used cars, Avis is likely a prime beneficiary ofOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analys ...