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Investment Overview
I am initiating coverage on Nordic American Tankers (NYSE:NAT) with a "Buy" rating and an initial investment horizon of 12 to 15 months. During this period, I believe that the total return in the stock is
Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals
Summary
- Initiating coverage on Nordic American Tankers with a “Buy” rating, expecting 15-20% total returns over the next 12 to 15 months.
- NAT's strong financial flexibility and healthy credit metrics support its robust 12.9% dividend yield, making it an attractive investment despite recent stock declines.
- The company's high day rates and low operating costs ensure steady earnings, with industry trends indicating sustained demand and limited supply growth through 2026.
- While stock upside potential seems capped, aggressive vessel acquisition and positive industry tailwinds could drive re-rating, making NAT a worthwhile investment after recent corrections.
Analyst with interest in various asset classes for portfolio diversification. My field of expertise includes equities, precious metals, commodities and cryptocurrencies. Special interest and love for economics.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
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