Shipping Stocks Still Look Healthy In Market Weakness

Jul. 25, 2013 12:52 PM ETDRYS

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Shipping stocks still look like they have some energy left, in an overall weak market. Today, DryShips Inc.(NASDAQ:DRYS) is trading at $2.11, +0.07 (3.43%). This is one of the few sectors that has not surged dramatically higher.

I am keeping the whole sector on high alert going forward. Key small cap plays could be monster movers if conditions continue to remain favorable.

Gareth Soloway
InTheMoneyStocks.com

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