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$10.02 -1.10 (-9.89%)
10/10/2008 4:03 PM

United Rentals, Inc. (URI)

CAPS Rating:
****

An equipment rental company that offers for rent over 20,000 classes of rental equipment, including heavy machines & hand tools, to customers that include construction & industrial companies, manufacturers, utilities, municipalities, homeowners & others.

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Avatar troyton (81.41) Submitted: 4/16/08 11:28 AM : Outperform Start Price: $18.01 URI Score: -9.81

URI recently was offered $34.50/share by a private equity firm (Cerberus Capital), but due to the collapse of the credit market the deal fell thru.
URI is likely still taking bids if any are out there so there may be an opportunity for a second bid (likely at a lower price) once the market decides to settle down (hopefully in the 2nd half ’08).
Also, I believe since URI only has a 7% market share in the North American they have plenty of room to grow in their current market plus have ample opportunity to pursue Europe, Asia, and South America.

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