"We invest in companies whose cyclical exposure is misunderstood," says Oscar Schafer at the...

|By:, SA News Editor

"We invest in companies whose cyclical exposure is misunderstood," says Oscar Schafer at the Barron's Roundtable of United Rentals (URI). The largest equipment-rental provider in North America, URI sounds like a classic cyclical, but it's a growth story, gaining market share and benefiting from a rental market that is growing even as economies stagnate.