United Rentals Q2: Thriving Through The Industrial Recession, But Seems Fairly Valued

After all, a huge surge in demand fueled by low rates and stimulus packages ruled by many governments created a huge pull-forward effect. No wonder we are now seeing automakers, and other heavy machinery producers face a decline in orders while feeling new pressure on margins. Data by YCharts One may ask: why do customers rent instead of buying the equipment they need? Well, the answer is multifaceted. This means United Rentals will benefit from strong infrastructure spending and the manufacturing reshoring ...