Published on 6 Oct 2024 on Insider Monkey · via Yahoo Finance

Avis Budget Group, Inc. (CAR): Among the Mid Cap Stocks With Low PE Ratios

We recently compiled a list of the 7 Mid Cap Stocks with Low PE Ratios. In this article, we are going to take a look at where Avis Budget Group, Inc. (NASDAQ:CAR) stands against the other mid cap stocks with low PE ratios.

The stock market has experienced a surge in activity recently, driven by positive investor sentiment and key decisions from the Federal Reserve. Even though the month of September began on a volatile note, with stocks facing multiple hurdles, optimism ultimately prevailed as markets ended the quarter on a high note. Throughout this period, the Federal Reserve's policy moves played a crucial role in shaping market dynamics. By implementing interest rate cuts, the Fed provided much-needed relief to the markets, contributing to gains in major indices. Despite the ups and downs, investors managed to navigate the turbulent waters and ended up with a more positive outlook.