According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best shipping stocks to buy right now are:
1. Pangaea Logistics Solutions (NASDAQ:PANL)
The Component Grade breakdown for Pangaea Logistics Solutions (NASDAQ:PANL) is: Value: A, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: B.
Pangaea Logistics Solutions (NASDAQ:PANL) has a Due Diligence Score of 42, which is 8 points higher than the shipping industry average of 34.
PANL passed 15 out of 38 due diligence checks and has strong fundamentals. Pangaea Logistics Solutions has seen its stock return 34.28% over the past year, overperforming other shipping stocks by 134 percentage points.
2. Star Bulk Carriers (NASDAQ:SBLK)
The Component Grade breakdown for Star Bulk Carriers (NASDAQ:SBLK) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.
Star Bulk Carriers (NASDAQ:SBLK) has a Due Diligence Score of 60, which is 26 points higher than the shipping industry average of 34.
SBLK passed 21 out of 38 due diligence checks and has strong fundamentals. Star Bulk Carriers has seen its stock return 46.62% over the past year, overperforming other shipping stocks by 146 percentage points.
Star Bulk Carriers has an average 1 year
price target of $31.00, an upside of 13.3% from Star Bulk Carriers's current stock price of $27.36.
Star Bulk Carriers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Star Bulk Carriers, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Zim Integrated Shipping Services (NYSE:ZIM)
The Component Grade breakdown for Zim Integrated Shipping Services (NYSE:ZIM) is: Value: A, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: B.
Zim Integrated Shipping Services (NYSE:ZIM) has a Due Diligence Score of 21, which is -13 points lower than the shipping industry average of 34. Although this number is below the industry average, our proven quant model rates ZIM as a "A".
ZIM passed 8 out of 38 due diligence checks and has weak fundamentals. Zim Integrated Shipping Services has seen its stock return 84.26% over the past year, overperforming other shipping stocks by 184 percentage points.
Zim Integrated Shipping Services has an average 1 year
price target of $26.00, a downside of -7.47% from Zim Integrated Shipping Services's current stock price of $28.10.
Zim Integrated Shipping Services stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Zim Integrated Shipping Services, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.