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United Rentals (URI) Stock Surges 92% in a Year: Here's Why
URIUnited Rentals(URI) zacks.com·2024-05-29 18:06

United Rentals, Inc.'s (URI) stock surged 91.8% in the past year compared with the Zacks Building Products - Miscellaneous industry's 52% growth and S&P 500 index's 26.2% rise. The company's focus on rental business, solid infrastructure and non-residential sectors demand, and acquisitions are making it more attractive among its peers. High Infrastructural Investment: United Rentals is capitalizing on robust global shifts toward infrastructure modernization, energy transition, and heightened national securi ...