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  1. Home
  2. / Investing
  3. / U.S. Equity

Avis Budget Insiders Bet on Acceleration

The stock has a couple of catalysts that should put it in the passing lane this year.
By JONATHAN MORELAND Jan 13, 2012 | 02:00 PM EST
Stocks quotes in this article: CAR, DTG, HTZ
For investors in Avis Budget Group (CAR), 2011 was a lost yearThe company engaged a bitter battle with rival Hertz (HTZ) to snare a big prize: Dollar Thrifty (DTG). Both firms appeared likely to benefit from the industry-consolidating moveFewer rental-car counters means fewer available cars and firmer rental-car pricesBut the proposed purchase pri...
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