12 Best Get Rich Fast Stocks To Buy Now

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

Number of Hedge Fund Holders: 35  

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is a provider of rental and leasing services. In the fourth quarter of 2024, direct vehicle and operating expenses rose 2% year-over-year, driven by higher insurance costs and additional non-cash rent expenses from lease recognition after the third quarter of 2024 asset impairment. In February, media reports indicated that the company is facing significant risks associated with its electric vehicle (EV) fleet despite a strategic shift away from prioritizing electrification. These risks include price volatility of new EVs, customer demand influenced by perceptions of EV reliability and infrastructure, and challenges in maintaining and repairing EVs due to a maturing market for parts and skilled labor.

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