4 Stocking-Stuffer Stocks Under $15

These last-minute gifts could keep on giving in 2014

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4 Stocking-Stuffer Stocks Under $15

Star Bulk Carriers (SBLK)

StarBulk185 4 Stocking Stuffer Stocks Under $15Star Bulk Carriers (SBLK) stock has surged 23% in the past week alone — and the stock looks to sail those fair winds and following seas into the New Year. The shipping industry sailed through several years of choppy seas and fierce headwinds — the global recession combined with a glut of ships drove charter rates down to Davy Jones’ Locker.

But supply and demand are starting to balance out now and the Baltic Dry Index, which measures shipping rates, is at its highest level in three years. SBLK is well-positioned to cash in on these trends because it has been bringing efficient new ships into service — Morgan Stanley initiated coverage on the stock last week with an “overweight” rating.

SBLK stock has a market cap of around $225 million — about in the middle of the shipping sector pack — and it’s trading around $13 right now.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/4-stocking-stuffer-stocks-15/.

©2014 InvestorPlace Media, LLC

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