Group 1: Trade and Market Impact - Investors showed relief on April 22 due to signs of easing trade tensions, with hints from President Trump and Treasury Secretary Scott Bessent about potential reductions in the 145% tariffs on Chinese goods [1] - The positive developments regarding tariffs have led to a bullish market trend since April 22, with expectations of further gains as more tariff-related good news is anticipated [2] Group 2: Stock Screening and Recommendations - A screening process has been designed to identify stocks based on improving broker recommendations and upward revisions in earnings estimates over the past four weeks, incorporating the price/sales ratio as a complementary valuation metric [3] - The screening criteria include a net upgrade in ratings, percentage change in earnings estimates, price-to-sales ratio, stock price above $5, average daily volume over 100,000 shares, and market capitalization in the top 3000 [4][5] Group 3: Featured Stocks - Avis Budget operates as a leading vehicle rental operator with a fleet of nearly 695,000 vehicles, benefiting from strong demand in North America [6] - ABM Industries provides integrated facility solutions and has a strong earnings surprise history, with an average beat of 9.6% over the last four quarters [7] - CVR Energy focuses on renewable energy and petroleum refining, committed to developing renewable biofuels [9] - Delek US Holdings is an independent refiner with significant competitive advantages in the Permian Basin, achieving an average earnings beat of 22.3% [10][11] - Asbury Automotive Group's diversified product mix and e-commerce platform, Clicklane, are driving growth and improving its risk profile [11][12]

Core Points - Avis Budget Group, Inc. plans to report its first quarter 2025 results after market close on May 7th, 2025 [1] - A conference call for institutional investors will be held on May 8th, 2025 at 8:30 a.m. Eastern time to discuss the results [1] Company Overview - Avis Budget Group is a leading global provider of mobility solutions with approximately 10,250 rental locations in around 180 countries [3] - The company operates its car rental offices primarily in North America, Europe, and Australasia, while using licensees in other regions [3] - The Zipcar brand, part of Avis Budget Group, is recognized as the world's leading car sharing network [3]

SAN JOSE, Calif., April 14, 2025 /PRNewswire/ -- Anixa Biosciences, Inc. ("Anixa" or the "Company") (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer, today announced that it has received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for a new patent application covering its chimeric antigen receptor-T cell (CAR-T) technology. SOURCE Anixa Biosciences, Inc. Statements that are not historical fact may be considered forward-looking sta ...

Avis Budget Group, Inc.’s (CAR) top line is gaining from the surge in demand for the North American car rental industry. The company tackles supply-chain disruption by acquiring vehicles at favorable prices and adjusting its fleet size swiftly per demand. Shareholder-friendly policies are added advantages.Meanwhile, rising fleet costs weigh on the company’s bottom line. Avis Budget Group struggles to boost profitability and scalability due to heightened competition within the car rental industry.CAR reporte ...

Core Viewpoint - Avis Budget Group (CAR) shares have increased over 20% in the past week due to President Trump's 25% tariffs on imported vehicles, which are expected to enhance the fleet value for Avis [1] - The positive investor sentiment is driven by the implied pricing leverage Avis will have for its rental car services [1] Group 1: Stock Performance - Avis stock has rebounded from its 52-week low of $54 in March but remains 43% below its one-year peak of over $130 from last May [2] - The company has missed bottom-line expectations in three of its last four quarterly reports, although it recently surpassed Q4 EPS estimates with an adjusted loss of -$0.23 compared to estimates of -$0.96 [3] Group 2: Earnings Outlook - Annual earnings for Avis are projected to rebound to $8.84 per share this year, up from $3.74 in fiscal 2024, following a one-time non-cash impairment of $2.3 billion last year [4] - EPS is expected to increase by 63% in FY26 to $14.47, although estimates for FY25 and FY26 have declined over the last 60 days [5][6] Group 3: Sales Projections - Total sales for Avis are expected to rise by 1% in FY25 and by another 2% in FY26, reaching $12.2 billion [7] Group 4: Valuation Comparison - Avis currently trades at 8.7X forward earnings, significantly lower than the Zacks Transportation-Services Industry average of 16.5X [10] - Avis trades at less than 1X sales, which aligns with the industry average, despite Hertz being unprofitable and not suitable for P/E comparison [10] Group 5: Strategic Considerations - Avis stock is considered attractive for long-term investors under $100 per share, but there may be better buying opportunities ahead [12] - A decline in EPS estimates could lead to a sell rating, while an increase in EPS revisions could result in a buy rating if the tariffs positively impact operations [13]

Group 1 - Avis Budget Group, Inc. (NASDAQ: CAR) has been a long-term underperformer, with the stock losing approximately 41% of its value [1] - Recently, shares of Avis Budget Group gained about 20% in a short period [1] - The analysis is based on over fifteen years of experience in making contrarian bets and stock-specific turnaround stories [1]

Geopolitical news is providing a lift to the auto rental sector.Shares of Avis Budget Group (CAR 20.42%) and Hertz Global Holdings (HTZ 23.62%) each traded up about 20% as of noon ET as investors bet new tariffs on imported vehicles will have a positive impact on their businesses.A complex modelA move by the White House to place 25% tariffs on imported vehicles is likely to create a range of winners and losers among automakers and related businesses. The impact, at least in the near term, is to add thousand ...

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HAWKESBURY, Ontario, March 18, 2025 (GLOBE NEWSWIRE) -- Des soutiens gouvernementaux sont indispensables face aux nouvelles pertes d’emplois découlant des tarifs douaniers imposés par les États-Unis sur les exportations canadiennes d’acier et d’aluminium. Le Syndicat des Métallos et le Congrès du travail du Canada (CTC) organisent un point de presse à Hawkesbury, dans l’est de l’Ontario, auquel participeront les sections locales des Métallos touchées par les licenciements permanents et temporaires annoncés ...

Avis Budget Group (CAR) shares soared 11.6% in the last trading session to close at $61.95. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 36.4% loss over the past four weeks.The stock has recorded this price rise as the company’s improves on the back of growth in the leisure business, driven by robust international inbound and inter-European cross-border leisure travel.This car rental company is expected to post quarterly loss ...