Danaos Has Potential To Rewrite Its All-Time Highs

May 11, 2021 3:58 PM ETDanaos Corporation (DAC) StockDAC33 Comments
SL Investments
3.17K Followers

Summary

  • The global maritime shipping crisis will not end anytime soon.
  • Fed's easy monetary policy will continue to keep consumer demands high and rates low.
  • Consumer demand is expected to stay at current levels for the foreseeable future.
  • Danaos still has significant upside left.
ontainer freight ship carrying container box for import and export business logistic and transportation by container ship in open sea, Aerial view
Photo by CHUNYIP WONG/E+ via Getty Images

Investment Thesis

Danaos Corporation (NYSE:DAC) is one of the biggest companies that charters containerships of many different sizes. Danaos’s stock price benefited since the start of the pandemic due to the immense unexpected consumer demand, and I think this trend can

This article was written by

3.17K Followers
I am a young private investor seeking to find advice and knowledge through my journey in Seeking Alpha. I primarily focus on growth companies and the disruptive future they may bring. Through the rise of technological capabilities, I believe that the world will undergo a massive transition in the coming decade.

Analyst’s Disclosure:I am/we are long DAC. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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