“United Rentals, Inc. (URI)—This equipment-leasing firm is one of the top-performing companies in this economy, and it is not hard to see why. Construction firms would rather lease or rent than own equipment in this tricky economic climate. United Rentals had a truly blowout quarter—earnings per share increased a whopping 413%. The stock is in a very steady uptrend, setting new 52-week highs. I don’t know how much longer this bull market has, but this is one of the best companies I could find for outstanding growth potential.
Projection
“According to my numbers, URI should be selling in the $60 range. It is currently trading around $43; so URI has large upside potential. Place a sell stop at 25% below your entry price. As the stock rises, continue to raise your stop so that you are trailing the Friday close by 25%.”
Dennis Slothower, Stealth Stocks, March 2012
