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We just covered the 10 Best Long-Term Stocks to Buy According to Bill Ackman and Hertz Global Holdings, Inc. (NASDAQ:HTZ) ranks 10th on this list.

Hertz Global Holdings, Inc. (NASDAQ:HTZ) has featured in the 13F portfolio of Pershing Square since the fourth quarter of 2024. Back then, this position comprised 12.7 million shares. In the first quarter of 2025, the fund added more than 17% to this holding, growing the stake to around 15 million shares. Another minor addition was made to this in the second quarter of 2025 and the position grew to more than 15.2 million shares. Filings for the fourth quarter of 2025 show that the fund owned 15.2 million shares in the company, the same as in the third quarter of 2025. Hertz operates as a vehicle rental company.

READ ALSO: 12 Best Stocks to Buy According to Billionaire David Abrams.

In 2024 and 2025, Hertz Global Holdings, Inc. (NASDAQ:HTZ) had made a costly and rapid push into Electric Vehicles (EVs) that led to high repair costs and depreciation. This year, the firm seems to be in course correction mode. It has been liquidating high-maintenance EVs and returning to internal combustion engine (ICE) vehicles to stabilize its margins. A new strategic alliance announced earlier this month integrates Hertz into T-Mobile’s Un-carrier lifestyle perks. Top investors view this as a low-cost customer acquisition engine that could drive higher utilization rates during the peak 2026 summer travel season.

While we acknowledge the potential of HTZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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