Hertz Stock Pops Following News of Amazon Deal. Time to Buy?

In the popular imagination, Hertz Global Holdings (NASDAQ: HTZ) isn't an ideal, or even appropriate, choice of business partner for Amazon (NASDAQ: AMZN).After all, the former company is an auto rental incumbent of longstanding, and the latter is a monster retailer. Yet the two businesses announced a collaboration in mid-August, and investors liked what they heard about the deal. Here's a look at why, and whether it makes Hertz stock a buy now. Hertz is a retailer through its Hertz Car Sales unit, although of course it's almost entirely identified as a rental agency.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool