StockCall Study on Hertz Global, Avis Budget, United Rentals, SBA Comm., and Rent-A-Center - Action News 5 - Memphis, Tennessee

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SOURCE StockCall.com

LONDON, March 8, 2013 /PRNewswire/ --

Markets had another upbeat day on the back of encouraging job data. With the improvement in general economy, service sector is also blooming and the impact is clearly visible on stock prices. The Dow Jones ended its latest session at 14,329.49, up 0.23 percent while NASDAQ was up 0.30 percent to close at 3,232.09. Similarly, S&P also closed on a positive note at 1,544.26, up 0.18 percent. Our research team took a look at Services sector, more precisely the Rental & Leasing Services industry which includes major companies like Hertz Global Holdings Inc. (NYSE: HTZ), Avis Budget Group Inc. (NASDAQ: CAR), United Rentals Inc. (NYSE: URI), SBA Communications Corporation (NASDAQ: SBAC) and Rent-A-Center Inc. (NASDAQ: RCII). StockCall free coverage on HTZ, CAR, URI, SBAC, and RCII is available upon registration at

http://www.stockcall.com/register

Hertz Global Holdings Inc. stock closed at $20.69, 1.72 percent up. The stock traded in the range of $20.19 and $20.79 during the session and is currently above it 20-day moving average price of $20.41. Hertz Global gained 27.17 percent so far this year. Its Price/Earnings ratio is 41.38. The company's stock is in a bullish phase and its first resistance level is at $20.76. On the downside, its first support is at $19.90. Upon breaching this level, its second support level is at $19.39. Download the free technical research on HTZ by signing up at

http://www.StockCall.com/HTZ030813.pdf

Despite a mild downward move in its previous trading session, Avis Budget Group Inc. is still up 28.36 percent for the year. It has gained 98.91 percent in the past 52 weeks. The stock closed 0.08 percent lower at $25.44 on volume of 1.82 million shares. Its average trading volume stands at 1.75 million shares. Avis Budget currently faces resistance at around $25.69. The stock has support at around $23.92. It is currently trading above its 20-day and 50-day moving averages, which is a bullish signal. Register now and get access to the free analysis on CAR at

http://www.StockCall.com/CAR030813.pdf  

United Rentals Inc. traded in the range of $53.41 and $54.56 during its previous trading session. It opened at $54.41 and closed at $53.78, down 0.88 percent. The stock is currently in a bullish mode and has its first resistance level at $56.04. Upon breaching this level, the company may go as high as $59.32. It traded 1.44 million shares and is above its 20-day moving average price. Its first support level is at $53.11. So far in 2013, the stock is up 18.15 percent. Sign up and read the complimentary report on URI at

http://www.StockCall.com/URI030813.pdf

SBA Communications Corp.'s stock finished 0.21 percent higher at $73.14, with volume down from daily average of 2.15 million to 1.47 million. SBA Communications stock is up so far in 2013 with its year-to-date gain at 3.04 percent. The stock currently shows a bullish trend which is further confirmed by the stock's MACD chart. The company has its first support level at $72.52. In the coming trading sessions, the stock is likely to go as high as $75.47. The free report on SBAC can be downloaded by signing up now at

http://www.StockCall.com/SBAC030813.pdf

Rent-A-Center Inc.'s stock was down mildly in Thursday's trading session. The stock closed 0.08 percent lower at $37.54 with 481,000 share volume. Despite the downward move, the stock is still up more than 9 percent for the year. In the past 52 weeks, the company is up 9.16 percent. The stock currently has support at $37.45 level. The stock's MACD chart shows a bullish trend. Rent-A-Center may face its first resistance level at $37.90. Upon breaching this level, the stock may go as high as $38.15. Free report on RCII can be accessed by registering at

http://www.StockCall.com/RCII030813.pdf  

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