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. Okeanis Eco Tankers (NYSE:ECO)
The Component Grade breakdown for Okeanis Eco Tankers (NYSE:ECO) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: A.
Okeanis Eco Tankers (NYSE:ECO) has a Due Diligence Score of 27, which is 1 points higher than the shipping industry average of 26.
ECO passed 11 out of 38 due diligence checks and has average fundamentals. Okeanis Eco Tankers has seen its stock return 75.02% over the past year, overperforming other shipping stocks by 88 percentage points.
Okeanis Eco Tankers has an average 1 year
price target of $45.00, an upside of 14.07% from Okeanis Eco Tankers's current stock price of $39.45.
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.
2. 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 37, which is 11 points higher than the shipping industry average of 26.
NMM passed 14 out of 38 due diligence checks and has average fundamentals. Navios Maritime Partners has seen its stock return 43.27% over the past year, overperforming other shipping stocks by 56 percentage points.
3. Global Ship Lease (NYSE:GSL)
The Component Grade breakdown for Global Ship Lease (NYSE:GSL) is: Value: A, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Global Ship Lease (NYSE:GSL) has a Due Diligence Score of 44, which is 18 points higher than the shipping industry average of 26.
GSL passed 15 out of 38 due diligence checks and has strong fundamentals. Global Ship Lease has seen its stock return 76.3% over the past year, overperforming other shipping stocks by 89 percentage points.
Global Ship Lease has an average 1 year
price target of $39.00, an upside of 4.84% from Global Ship Lease's current stock price of $37.20.
Global Ship Lease stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Global Ship Lease, 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.