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Shippers Having A Strong Day Following Recent Slide
Tuesday, December 6, 2016 - 3:53pm | 388Shipping stocks are zipping by, recouping the losses made in recent sessions. After a strong sprint in the sessions that followed the U.S. presidential elections, shipping stocks retraced part of their gains by mid-November. Recent Volatility Then followed a consolidation phase. However, renewed...
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Safe Bulkers The Best Play For A Dry Bulk Recovery, Says Morgan Stanley
Monday, August 1, 2016 - 9:21am | 421With the dry bulk market gradually showing signs of a recovery, Morgan Stanley’s Fotis Giannakoulis believes Safe Bulkers, Inc. (NYSE: SB) is the best play in the dry bulk segment, given its “positive operating cash flow, ample liquidity and minimal dilution risk.” Giannakoulis...
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Wunderlich's 2015 Transportation Outlook: 'Tight Capacity To Spur Rebound' For Laggards
Monday, December 8, 2014 - 9:42am | 205Nicholas Bender of Wunderlich Securities published on Monday a note detailing the outlook for the transportation sector in 2015. Throughout 2014, domestic truck carriers benefited from a “dramatic” tightening of capacity, a trend that Bender notes is unlikely to change in the near...
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How To Play The Decline In Commodities And Emerging Market Currency Prices
Friday, December 20, 2013 - 5:27pm | 649Cole Wilcox, the portfolio manager and CEO of Longboard Asset Management, has an interesting way to play the decline in commodities and emerging market currency prices. His strategy: invest in the dry bulk sector. "What's happening all over the world is a huge glutton of commodities [are]...