This Auto Stock's New Edge (CAR, ZIP)

This Auto Stock's New Edge

The following video is from Friday's Motley Fool Money roundtable discussion with host Chris Hill, as well as analysts Joe Magyer, James Early, and Ron Gross.

In this segment: Earlier this week, Avis Budget Group (NASDAQ: CAR ) announced it would be buying Zipcar (NASDAQ: ZIP ) , which has Zipcar stock up 50%. The guys discuss how, while there is still a lot of uncertainty around the car-sharing industry, which makes it difficult to tell whether Avis got an excellent deal on this buy or not, they feel it was a good buy that should make Avis' competition concerned.

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Chris Hill has no position in any stocks mentioned. James Early has no position in any stocks mentioned. Joe Magyer has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends Zipcar. The Motley Fool owns shares of Hertz Global Holdings, and Zipcar. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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