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Down 90.6%, Is Hertz Global Worth Buying?

Hertz has a turnaround plan that will take another year to execute.

By Travis Hoium – Aug 30, 2024 at 10:25AM EST

Hertz (HTZ +5.87%) made a number of mistakes during the pandemic, from buying expensive cars to going all-in on electric vehicles (EVs). But the company is starting to turn those mistakes around, and with the stock down sharply, it may be time for investors to reconsider the stock. Travis Hoium dives into Hertz's position in the market in this video.

*Stock prices used were end-of-day prices of Aug. 26, 2024. The video was published on Aug. 26, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Hertz Global Stock Quote
Hertz Global
NASDAQ: HTZ
$6.41
(+5.87%)+$0.36
Tesla Stock Quote
Tesla
NASDAQ: TSLA
$440.15
(+2.75%)+$11.80

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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