Reported 1 day ago
In May 2024, Jim Cramer faced a caller's concerns about Hertz Global Holdings, Inc. (NASDAQ:HTZ), suggesting a watch-and-see approach rather than selling or doubling down. His advice did not yield positive results, as HTZ stock decreased by 2.50% over the last year, briefly hitting Cramer’s $8 target but subsequently declining. Cramer later expressed caution about Bill Ackman's involvement with the stock, recommending that investors consider taking profits. While some potential exists for HTZ, the article suggests that there are more promising AI stocks with higher upside potential.
Source: YAHOO