Ron-V

Zacks downgrade before earnings

Short
NASDAQ:CAR   Avis Budget Group, Inc.
Zacks earning filter has moved Avis from a 1 to a 3 (from a strong buy to a hold) in 2 days, plus 75% of earnings listed today that HAVE beat earnings estimates are down anyway....some significantly. I would strongly advise staying away from earnings this week (IBD alerted that very message this morning ) IF I WAS ABLE TO GIVE FINANCIAL ADVICE. I'm selling and adding to my inversed ETF positions :)

I am not a licensed financial adviser and this is not financial advice.

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