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Search resuls for: "Global Shipping ETF"


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The simplest explanation for Wednesday's sell-off was that the market was dramatically overvalued and due for a pullback. Look at the Breakwave Dry Bulk Shipping ETF (BDRY). BDRY is essentially a play on global shipping, which is itself a play on the state of the global economy. There's an ETF for global shipping companies If you'd rather play global shipping companies directly, there's an ETF for that as well. The SonicShares Global Shipping ETF (BOAT) is a modified market cap weighted ETF that contains all the big global shipping companies: Kawasaki Kisen Kaisha, Mitsui, Euronav, Matson, AP Moller, Hapag-Lloyd, Maersk, COSCO Shipping, etc.
Persons: William of Ockham, overvalued, , stupidly, overbought, Santa Claus, Matson, AP Moller, DBRY Organizations: Traders, Santa, Bulk Shipping, Global Shipping ETF, Kawasaki, Mitsui, Euronav, AP, Maersk, COSCO Locations: America, U.S, Hapag, COSCO Shipping, India
There are a host of reasons to consider investing in shipping companies, according to Pure Value Metrics' Richard-Mark Dodds, who said many of the stocks had attractive entry points. It's in contrast to the bumper year of 2007, Dodds said, when ship owners mistakenly expanded their shipping fleets instead. Buy-rated shipping stocks CNBC Pro screened for stocks in the shipping sector that could offer opportunities to investors. Shipping fleet 'becoming more valuable' Meanwhile, Dodds pointed toward another trend that could boost earnings: a reluctance by shipping owners to buy new vessels over environmental concerns. "The [existing] shipping fleet is becoming more valuable as time goes by because fewer ships are being built."
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