Billionaire investor Bill Ackman has made a significant investment in Hertz Global Holdings, Inc. (HTZ), sparking a surge in the company’s stock price. Ackman believes that Hertz is poised to benefit from potential tariff advantages, which could position it as a winner in the evolving economic landscape. This move by Ackman, often compared to Warren Buffett for his investment acumen, has led to Hertz shares skyrocketing by over 50%. The rental-car company, which had previously faced challenges, is now attracting renewed interest from investors. Ackman’s stake in Hertz signals his confidence in the company’s future prospects amidst global trade uncertainties. — new from Barron’s