Shipping Stocks To Follow Today – February 27th

by · The Markets Daily

Frontline, Viking, and Almonty Industries are the three Shipping stocks to watch today, according to MarketBeat’s stock screener tool. Shipping stocks are shares of publicly traded companies that own, operate, or manage cargo vessels (container ships, bulk carriers, tankers, LNG carriers, etc.) and earn revenue from transporting goods by sea. For investors, they provide exposure to global trade and freight-rate cycles and tend to be cyclical and sensitive to factors like economic growth, commodity demand, charter rates, fuel costs, and regulation. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

Frontline (FRO)

Read Our Latest Research Report on FRO

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

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