Car rental and used car stocks are seeing a wide divergence in their performance. Three notable names across these industries are Avis Budget Group (NASDAQ: CAR), CarMax (NYSE: KMX), and Carvana (NYSE: CVNA). Among them, 52-week returns stretch from falls of 30% to gains of nearly 500%. Let’s break down what’s driving the differing performance within this group and what Wall Street analysts are calling for next.
