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. 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 35, which is 7 points higher than the shipping industry average of 28.
SHIP passed 13 out of 38 due diligence checks and has average fundamentals. Seanergy Maritime Holdings has seen its stock return 164.48% over the past year, overperforming other shipping stocks by 201 percentage points.
Seanergy Maritime Holdings has an average 1 year
price target of $17.00, an upside of 14.17% from Seanergy Maritime Holdings's current stock price of $14.89.
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.
2. Navios Maritime Partners (NYSE:NMM)
The Component Grade breakdown for Navios Maritime Partners (NYSE:NMM) is: Value: A, Growth: C, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: B.
Navios Maritime Partners (NYSE:NMM) has a Due Diligence Score of 36, which is 8 points higher than the shipping industry average of 28.
NMM passed 13 out of 38 due diligence checks and has average fundamentals. Navios Maritime Partners has seen its stock return 110.17% over the past year, overperforming other shipping stocks by 147 percentage points.
Navios Maritime Partners has an average 1 year
price target of $85.00, an upside of 17.88% from Navios Maritime Partners's current stock price of $72.11.
Navios Maritime Partners stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Navios Maritime Partners, 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. Eurodry (NASDAQ:EDRY)
Eurodry (NASDAQ:EDRY) is the #3 top shipping stock out of 45 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Eurodry (NASDAQ:EDRY) is: Value: B, Growth: A, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: B.
Eurodry (NASDAQ:EDRY) has a Due Diligence Score of 20, which is -8 points lower than the shipping industry average of 28. Although this number is below the industry average, our proven quant model rates EDRY as a "A".
EDRY passed 6 out of 33 due diligence checks and has weak fundamentals. Eurodry has seen its stock return 123.09% over the past year, overperforming other shipping stocks by 160 percentage points.