Seeking Alpha

Avis Budget Group (CAR) is one of the largest car rental companies in the world. The company is in the midst of an epic turnaround where it was all but left for dead in early 2009 during the depths of the great recession. At the time the stock traded well under $1/share, and the company was weighed down under a heavy debt load. It was widely believed that bankruptcy wasn't far away. Fast forward a little more than 4 years later, and the company now trades for about $30/share and appears to be firing on all cylinders. Although not really a great value at today's prices as the turnaround story is well recognized, the company still trades at...

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