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Barchart
Barchart
Jim Van Meerten

If Interest Rates Fall, United Rentals Stock Could Skyrocket on a Building Boom

  • United Rentals (URI) hit a new record high on June 25.
  • Shares are up more than 50% over the past year with strong technical momentum.
  • The stock maintains a 100% technical “Buy” rating from Barchart and is up nearly 40% since the Trend Seeker issued a “Buy” at the end of April.
  • Analysts are largely bullish on URI, although some caution that it is a “Hold” given its valuation.

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