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. Star Bulk Carriers (NASDAQ:SBLK)
The Component Grade breakdown for Star Bulk Carriers (NASDAQ:SBLK) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: B.
Star Bulk Carriers (NASDAQ:SBLK) has a Due Diligence Score of 45, which is 16 points higher than the shipping industry average of 29.
SBLK passed 16 out of 38 due diligence checks and has strong fundamentals. Star Bulk Carriers has seen its stock return 53.63% over the past year, overperforming other shipping stocks by 110 percentage points.
Star Bulk Carriers has an average 1 year
price target of $31.00, an upside of 20.11% from Star Bulk Carriers's current stock price of $25.81.
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.
2. Seanergy Maritime Holdings (NASDAQ:SHIP)
The Component Grade breakdown for Seanergy Maritime Holdings (NASDAQ:SHIP) is: Value: A, Growth: A, Momentum: B, Sentiment: A, Safety: D, Financials: C, and AI: B.
Seanergy Maritime Holdings (NASDAQ:SHIP) has a Due Diligence Score of 34, which is 5 points higher than the shipping industry average of 29.
SHIP passed 13 out of 38 due diligence checks and has average fundamentals. Seanergy Maritime Holdings has seen its stock return 116.42% over the past year, overperforming other shipping stocks by 173 percentage points.
Seanergy Maritime Holdings has an average 1 year
price target of $22.00, an upside of 50.38% from Seanergy Maritime Holdings's current stock price of $14.63.
Seanergy Maritime Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Seanergy Maritime Holdings, 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: A, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: B.
Pangaea Logistics Solutions (NASDAQ:PANL) has a Due Diligence Score of 45, which is 16 points higher than the shipping industry average of 29.
PANL passed 16 out of 38 due diligence checks and has strong fundamentals. Pangaea Logistics Solutions has seen its stock return 53.75% over the past year, overperforming other shipping stocks by 110 percentage points.