United Rentals (URI) reports earnings Wednesday October 18, 2017 after the close.
It’s beaten earnings the past 6 quarters.
The stock hit a 52 week high this past Friday.
United Rentals completed its purchase of NES Rentals this past April. This gave United Rentals presence in the East Coast, the Gulf States and in the Midwest.
So far in 2017, America has suffered 15 natural disasters that cost $1B each.
In 2011, America has 16 natural disasters costing $1B each.
So 2017 could end up being the worst year in America in terms of natural disasters.
United Rentals is used to help build America back up.
We think United Rentals will beat earnings and raise guidance for 2018.
We are long January 2018 calls.
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