United Rentals ($URI: $382.93): A Picks And Shovels Play If There Ever Was One

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Key Takeaways

We wanted to cover a company that will benefit from the recent passage of the Infrastrucutre bill. As the largest member of a fragmented market, we thought United Rentals was perfect.The term “Picks and Shovels” play refers to the Gold Rush in 1849. While many looked for gold, a more lucrative business tended to be selling the tools do so given the long odds of striking.We believe there has been so much unde...

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