Kenon Holdings, ZIM Integrated Shipping Services: Yes, We KEN!

Summary

  • There aren't many segments across the stock market as hated as container-related stocks are these days.
  • Nonetheless, we believe this is exactly the time to be "greedy when others are fearful".
  • We're sowing the seeds of love today, wiping the tears, and overcoming the fears.
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From Dusk Till Dawn

Less than nine months ago, container rates (and, therefore, stocks) were still running super-hot, with a 40-foot container still fetching nearly $10k.

At the time, we wrote that "KEN stock price goes where

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of KEN, ZIM either through stock ownership, options, or other derivatives. 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.

TipRanks: BUY KEN, ZIM

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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KEN
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ZIM
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