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. Knot Offshore Partners (NYSE:KNOP)
The Component Grade breakdown for Knot Offshore Partners (NYSE:KNOP) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: D, Financials: C, and AI: A.
Knot Offshore Partners (NYSE:KNOP) has a Due Diligence Score of 12, which is -16 points lower than the shipping industry average of 28. Although this number is below the industry average, our proven quant model rates KNOP as a "B".
KNOP passed 5 out of 38 due diligence checks and has weak fundamentals. Knot Offshore Partners has seen its stock lose -3.79% over the past year, overperforming other shipping stocks by 14 percentage points.
2. Euroseas (NASDAQ:ESEA)
Euroseas (NASDAQ:ESEA) is the #2 top shipping stock out of 47 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 Euroseas (NASDAQ:ESEA) is: Value: B, Growth: D, Momentum: C, Sentiment: A, Safety: D, Financials: C, and AI: C.
Euroseas (NASDAQ:ESEA) has a Due Diligence Score of 59, which is 31 points higher than the shipping industry average of 28.
ESEA passed 21 out of 38 due diligence checks and has strong fundamentals. Euroseas has seen its stock return 22.5% over the past year, overperforming other shipping stocks by 40 percentage points.
3. Stealthgas (NASDAQ:GASS)
Stealthgas (NASDAQ:GASS) is the #3 top shipping stock out of 47 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 Stealthgas (NASDAQ:GASS) is: Value: A, Growth: F, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Stealthgas (NASDAQ:GASS) has a Due Diligence Score of 52, which is 24 points higher than the shipping industry average of 28.
GASS passed 16 out of 33 due diligence checks and has strong fundamentals. Stealthgas has seen its stock lose -13.5% over the past year, overperforming other shipping stocks by 4 percentage points.