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. Navios Maritime Partners (NYSE:NMM)
The Component Grade breakdown for Navios Maritime Partners (NYSE:NMM) is: Value: A, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: B.
Navios Maritime Partners (NYSE:NMM) has a Due Diligence Score of 36, which is 9 points higher than the shipping industry average of 27.
NMM passed 13 out of 38 due diligence checks and has average fundamentals. Navios Maritime Partners has seen its stock return 72.06% over the past year, overperforming other shipping stocks by 92 percentage points.
2. Okeanis Eco Tankers (NYSE:ECO)
The Component Grade breakdown for Okeanis Eco Tankers (NYSE:ECO) is: Value: B, Growth: B, Momentum: A, Sentiment: C, Safety: C, Financials: C, and AI: C.
Okeanis Eco Tankers (NYSE:ECO) has a Due Diligence Score of 36, which is 9 points higher than the shipping industry average of 27.
ECO passed 14 out of 38 due diligence checks and has average fundamentals. Okeanis Eco Tankers has seen its stock return 128.91% over the past year, overperforming other shipping stocks by 149 percentage points.
Okeanis Eco Tankers has an average 1 year
price target of $55.00, an upside of 8.72% from Okeanis Eco Tankers's current stock price of $50.59.
Okeanis Eco Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Okeanis Eco Tankers, 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. Pangaea Logistics Solutions (NASDAQ:PANL)
The Component Grade breakdown for Pangaea Logistics Solutions (NASDAQ:PANL) is: Value: B, Growth: C, Momentum: B, Sentiment: D, Safety: C, Financials: C, and AI: C.
Pangaea Logistics Solutions (NASDAQ:PANL) has a Due Diligence Score of 40, which is 13 points higher than the shipping industry average of 27.
PANL passed 14 out of 38 due diligence checks and has average fundamentals. Pangaea Logistics Solutions has seen its stock return 48.74% over the past year, overperforming other shipping stocks by 68 percentage points.