Best Shipping Stocks To Add to Your Watchlist – April 15th
by Amy Steele · The Cerbat GemViking, Almonty Industries, and Frontline are the three Shipping stocks to watch today, according to MarketBeat’s stock screener tool. Shipping stocks are shares of publicly traded companies whose primary business is maritime transportation or closely related services—such as container carriers, bulk carriers, tankers, shipowners, shipyards and port operators. These stocks are typically cyclical and sensitive to global trade volumes, freight and charter rates, fuel costs and shipping supply/demand dynamics. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.
Viking (VIK)
Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.
Read Our Latest Research Report on VIK
Almonty Industries (ALM)
Almonty Industries Inc. is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc. is based in TORONTO.
Read Our Latest Research Report on ALM
Frontline (FRO)
Read Our Latest Research Report on FRO
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