Shipping Outlook: No Good News on the Horizon [View article]
I track 42 U.S. exchange traded shipping stocks and the average return (equal weighted) year to date is +6.86% not including dividends. Dividends earned adds another 3.6%.
OSG is one of the worst performers, down 26% YTD, so a sell recommendation is a bit late to the party.
Shipping Outlook: No Good News on the Horizon [View article]
OSG is one of the worst performers, down 26% YTD, so a sell recommendation is a bit late to the party.