United Rentals, Inc.’s URIshares have gained more than 44% in the last year, outperforming 15.3% growth of its industry. The company’s Project XL initiatives, prudent investments in fleet, accretive acquisitions and robust market demand are expected to drive growth.
Meanwhile, earnings estimates have risen over the past few weeks, suggesting that sentiments on United Rentals are moving in the right direction.
This positive trend signifies bullish analysts’ sentiments, and the company’s Zacks Rank #2 (Buy) indicates robust fundamentals and expectations of outperformance in the near term. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here .