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. Stealthgas (NASDAQ:GASS)
Stealthgas (NASDAQ:GASS) is the #1 top shipping stock out of 44 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Stealthgas (NASDAQ:GASS) is: Value: B, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Stealthgas (NASDAQ:GASS) has a Due Diligence Score of 58, which is 26 points higher than the shipping industry average of 32.
GASS passed 18 out of 33 due diligence checks and has strong fundamentals. Stealthgas has seen its stock lose -14.06% over the past year, overperforming other shipping stocks by 4 percentage points.
2. Knot Offshore Partners (NYSE:KNOP)
The Component Grade breakdown for Knot Offshore Partners (NYSE:KNOP) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: D, Financials: C, and AI: C.
Knot Offshore Partners (NYSE:KNOP) has a Due Diligence Score of 27, which is -5 points lower than the shipping industry average of 32. Although this number is below the industry average, our proven quant model rates KNOP as a "B".
KNOP passed 11 out of 38 due diligence checks and has average fundamentals. Knot Offshore Partners has seen its stock return 23.38% over the past year, overperforming other shipping stocks by 42 percentage points.
3. Matson (NYSE:MATX)
Matson (NYSE:MATX) is the #3 top shipping stock out of 44 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Matson (NYSE:MATX) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Matson (NYSE:MATX) has a Due Diligence Score of 36, which is 4 points higher than the shipping industry average of 32.
MATX passed 15 out of 38 due diligence checks and has average fundamentals. Matson has seen its stock return 1.22% over the past year, overperforming other shipping stocks by 20 percentage points.
Matson has an average 1 year
price target of $153.33, an upside of 40.56% from Matson's current stock price of $109.09.
Matson stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Matson, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.