CAR rental stocks are still the best investment opportunity, according to a recent report from the brokerage firm Cowen and Company.
The firm polled the stocks of the largest rental car rental and delivery companies in the US and the world, and ranked them based on the market capitalization of their assets.
The top ten stocks for the first time in the firm’s nearly two decades of tracking the stock market are:Airbnb,which has more than 3.2 million active users in the country;Uber,which just finished its second consecutive quarter of $1 billion in revenue and is now valued at $68.7 billion;Honda,which raised $1.2 billion in funding from Google, Alibaba and Qualcomm;and Hertz,which is valued at about $3.4 billion.
The company said it surveyed companies with assets of at least $10 billion, as well as those that have annual revenues of $10 million or more, to determine the top ten most valuable rental car companies in terms of market capitalizations.
The data included the value of the assets of all those companies at the end of the third quarter of last year.
“These companies provide an excellent platform to invest in technology, infrastructure, finance and health care services, all of which can benefit from strong growth,” said Robert Dorn, senior portfolio manager for Cowen.
“While there are some excellent companies on the list, many of the most valuable companies are ones that have failed in the past and are now in very poor financial shape.”
The top ten rental car leasing companies are:airbnb,$67.2B,Airbnb is the most popular rental car company in the United States, with more than 1.3 million active customers, according the brokerage.
It’s also one of the leading car rental services in the world with over 7,500 vehicles and a total of nearly 2.5 million drivers.
It operates in 29 countries and provides a range of services to its users, from short-term stays to long-term leases, including car rentals and delivery.
Uber is the second most popular car rental company in North America with 1.5M active customers.
Uber, which is valued by Cowen at about half a trillion dollars, provides its customers with a wide variety of transportation options from short term stays to longer-term car rentals.
Airbnb was founded in 2006 as a platform to connect people from around the world through Airbnb.
The company is valued in the tens of billions of dollars and is currently the world’s most popular Airbnb platform, according an investor survey.
Uber was founded by Shervin Pishevar in 2014 as an alternative to traditional car rentals, with the company operating in more than 50 countries and more than a million drivers across North America.
It provides a wide range of transportation services to customers and is used by millions of people worldwide.
Hertz, which has more $6.6 billion in market cap, is valued about $2.8 billion.
It is the world leader in the delivery of groceries and other goods through its mobile app, Hertz Go, which helps customers get groceries delivered by public transportation, delivery trucks, or through delivery companies like Car2Go and Car2G.
The brokerage firm said that Hertz is also one the top five car rental car services for travel to and from the United Kingdom, Germany, Italy, Spain and the United Arab Emirates.