Motley Fool: United Rentals stock a good investment for the long term

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United Rentals (NYSE: URI) stock was recently down more than 20% from its all-time high, while sporting a price-to-earnings (P/E) ratio near 13, reflecting a...

United Rentals isn’t a complicated story. Its services are routinely in demand because they’re important for infrastructure. These services generate substantial profits, and management returns profits to shareholders. This lucrative formula is likely to continue in 2023 and beyond.

Both kinds of stocks can rise or fall by the same percentage over a day or year: A 10% increase will turn a 10-cent stock into an 11-cent one, and a $200 stock into a $220 one. If the $200 stock belongs to a growing, established and profitable business, it’s likely a much better buy.It stands for earnings per share. If you take a company’s net income over a period such as a quarter and divide that by its number of shares outstanding, you’ll arrive at its EPS.

While dividend investing in general can be powerful, not every dividend payer is a great buy. Beware of red flags such as extremely high yields, high payout ratios or trouble at the company or in its industry.

 

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