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3 Shipping Stocks Sailing Toward Big Gains

Shipping stocks often come with big risk, but they also can offer equally big rewards

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Navios Maritime Holdings (NM)

nm-stock-shipping-stocksAlso based in Greece, Navios Maritime Holdings (NM) ships dry bulk cargoes and runs a logistics business that provides integrated transportation, storage and related services to various petroleum, agricultural and mining companies. Navios owns 30 vessels and charters another 20 to ship commodities on a global basis. Earnings are up a whopping 320% this year, and analysts are looking for further improvement in 2014.

As fundamentals have improved so has the ranking in Portfolio Grader. NM stock was upgraded back in May and remains a “strong buy” at the current price.

Again, the opportunities in shipping don’t come without risks, but using Portfolio Grader to find fundamentally sound companies can give you the best chance for success.

Louis Navellier is the editor of Blue Chip Growth.

Article printed from InvestorPlace Media,

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