Hertz CEO ‘encouraged’ by Ackman’s ‘significant’ stake in the company

Hertz CEO ‘encouraged’ by Ackman’s ‘significant’ stake in the company

A Hertz Tesla electric vehicle is displayed during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York City, U.S., November 9, 2021.  Brendan Mcdermid | Reuters Hertz Global CEO Gil West is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position in the post-bankrupt rental car … Read more

An anti-tech stock market strategy for S&P 500 loss of momentum

An anti-tech stock market strategy for S&P 500 loss of momentum

It wasn’t long ago that an investor needed to do no more than bet it all on a tech-heavy S&P 500 Index and sit back and watch their portfolio grow, with names from Apple to Nvidia and Tesla on the march up and to the right. Those days are gone, and some managers have already … Read more