Here Are Two Ways to Be Bullish on Hertz Without Losing Your Shirt

The COVID-19 pandemic may have been the classic "last nail in the coffin" for Hertz, but this company has been in trouble for four years now.

And with travel at a standstill, Hertz was out of time, money, and options.

So just last week, it filed for Chapter 11 bankruptcy.

But a week into its bankruptcy, and there's still no credible restructuring plan.

Now, ordinarily, you'd think, "I'm not touching this stock with a 10-foot pole!" And from a buy and hold perspective, you'd be 100% correct. Billionaire investor Carl Icahn might agree…

Icahn backed Hertz to the hilt! Reuters is reporting he sank $1.88 billion into the stock over the past six years... but he just sold his Hertz shares for a whopping $0.72, just about $40 million.

Icahn missed the move I'm about to show you – heck, I'd say 99% of investors did, too.

Today, I'm going to show you how to assess your risk/reward potential...