Avis

Breakout for Avis Budget Group in the Charts?

Avis Budget Group Inc (CAR) has been soaring this year, but it has recently met resistance. If the stock breaks through this resistance line, it could be headed for a breakout. Read more to learn how to profit from this trade.

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This story originally appeared on StockNews

Avis Budget Group Inc (CAR) has been soaring this year, but it has recently met resistance. If the stock breaks through this resistance line, it could be headed for a breakout. Read more to learn how to profit from this trade.

Avis Budget Group Inc (CAR) is a provider of automotive vehicle rental and car-sharing services. The company’s brands include Avis, Budget, and Zipcar. Avis targets the premium commercial and leisure

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(SAII), Avis Budget Group, Inc. (NASDAQ:CAR) – Could Otonomo Be The Best SPAC Deal Of 2021? The Bear Cave Thinks So

Israel-based car data management company Otonomo is going public in a SPAC deal valuing the company at $1.4 billion. The Bear Cave, which normally tries to point out bad companies, shared three key reasons why Otonomo could be the best SPAC for 2021 despite low media exposure.

Large Opportunity: Research firm The Bear Cave believes the opportunity for connected car data is huge and still in the beginning stages. It says Otonomo, going public with Software Acquisition Group II (NASDAQ: SAII), has a large opportunity in the market.

“One opportunity is usage-based car insurance,” the research firm said. This could lead to consumers sharing their data and getting better rates from insurance companies.

Fleet management is mentioned as another area of opportunity within the connected car data market. Avis Budget (NASDAQ: CAR) is mentioned as both a customer of Otonomo and an investor.

Banks could offer more competitive

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Avis Budget Group, Century Aluminum Company, Diebold Nixdorf, Asbury Automotive Group and Big Lots

For Immediate Release

Chicago, IL – July 16, 2020 – Stocks in this week’s article are Avis Budget Group CAR, Century Aluminum Company CENX, Diebold Nixdorf DBD, Asbury Automotive Group ABG and Big Lots BIG.

5 Stocks Looking Promising on New Broker Upgrades

At the time of designing their portfolio of stocks, investors solely aim at raking in the bucks, irrespective of the surrounding conditions. However, the task seems onerous as picking the perfect bets from a plenty of options in the market is never easy. Choice of improper stocks can adversely impact his/her returns, thereby ruining the very objective of investing the hard-earned money in the highly unpredictable stock market.

Brokers to the Rescue

To combat the above uncertainty, investors more often than not rely on the guidance provided by brokers who are deemed experts equipped with thorough knowledge on the field. Brokers, irrespective of their types (sell-side,

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