NYSE:URITrade Distributors
Assessing United Rentals (URI) Valuation After Strait Of Hormuz Supply Chain Breakthrough
The latest move in United Rentals (URI) came as investors reacted to an agreement between the U.S. and China to keep the Strait of Hormuz open, easing supply chain risk and supporting industrial stocks.
See our latest analysis for United Rentals.
That geopolitical relief has arrived on top of a strong run, with United Rentals posting a 25.6% 30 day share price return and a 33.6% one year total shareholder return. The three year total shareholder return of about 2.8x suggests momentum has been...