Hertz Global Holdings filed chapter 11 for bankruptcy protection recently and the stock price drop to under $1 , but rebounded to around $5 very quickly . This kinds rebound could be predicted because being a hundred year rental car giant in US market , it’s name worth billions and it’s business has a big affect to car maker such as Ford . This company just needs a finance reconstruction, it won’t really stop its business and the government won’t let that happen too without doing anything.
It is a good time to invest to this company because it’s stock price is in historical low, when the reconstruction is finished successfully , and has to be successfully , the price will rebound back to normal. I don’t say it will be 100 percent no risk, but the profit of the investment can be very high and it is a good choice for your investment .
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