The following video is from Wednesday's MarketFoolery podcast in which host Chris Hill, along with analysts Charly Travers and Joe Magyer, discuss the top business and investing stories.
While so many stocks got a big bump from the fiscal cliff being averted, Zipcar (NASDAQ: ZIP ) popped up big today for a different reason: the announcement that Avis (NASDAQ: CAR ) would be buying the company to complement its own rental car business. In this segment, the guys discuss why this may have come as a surprise to many, why Avis shares are actually up significantly today as well despite that the buyer often takes a hit on the day acquisitions are announced, and what this might mean for other car rental companies, like Hertz (NYSE: HTZ ) .
The markets are up huge today, but you could be up much more over the long term. In fact, The Motley Fool wants to give you a 98.79% chance at beating the market. If you're interested in the best odds in the universe � including more than a 70% chance at DOUBLING the market's return over the long haul � here's some very good news for you... Motley Fool Supernova is reopening to new members for the first time ever on January 15! Get instant and free access to learn how you get these kind of market-beating odds by clicking here now.
No comments:
Post a Comment