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The shipping sector is also grabbing investors’ attention because the global economy is sparking back to life and the transportation of products is will shortly reclaim its traditional vitality. Also, the prices of most consumer products are starting to rise, making efficient shipping that much more important. For investor not already long in shipping stocks, now may be the time to consider establishing a position.
Three shipping stocks that we think might be worthy of a place in one’s portfolio are ZIM Integrated Shipping Services (ZIM), Matson (MATX) and Global Ship Lease (GSL). Fittingly, we have accorded each of these names a “Strong Buy”.
