5 Most Undervalued Industrial Stocks To Buy According To Hedge Funds

Page 5 of 5

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

Number of Hedge Fund Investors In Q3 2023: 42

Latest P/E Ratio: 3.03

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is a car rental company headquartered in Estero, Florida. The firm’s decision to use Teslas for its EV portfolio is all that the media can talk about these days, as a Tesla price reduction hit Hertz Global Holdings, Inc. (NASDAQ:HTZ)’s fleet value and affected its profits.

42 out of the 910 hedge funds part of Insider Monkey’s Q3 2023 database had bought and owned Hertz Global Holdings, Inc. (NASDAQ:HTZ)’s shares. Tom Wagner and Ara Cohen’s Knighthead Capital was the largest shareholder due to its $2.2 billion investment.

Follow Hertz Global Holdings Inc

Disclosure: None. You can also take a look at 11 Cheapest Stocks With Biggest Upside and 11 Best Cheap Stocks To Buy For Long Term.

Follow Insider Monkey on Twitter

Page 5 of 5