United Rentals: Overvalued Even With A Tax Law Windfall (Rating Downgrade)

Core Viewpoint - United Rentals (NYSE: URI) has shown strong performance over the past year, with a 24% increase in share price, driven by robust free cash flow generation [1] Company Performance - The company has experienced a significant rally from its lows, attributed to solid financial results [1] Investment Strategy - The article highlights a contrarian investment approach based on macroeconomic views and stock-specific turnaround stories, aiming for outsized returns with a favorable risk/reward profile [1]