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$6.00 -0.30 (-4.76%)
1/7/2009 3:59 PM

Double Hull Tankers, Inc. (DHT)

CAPS Rating:
****

The Company is engaged in the ownership and operation of a fleet of double-hull tankers.

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3

Avatar UncleJemima83 (< 20) Submitted: 6/25/08 12:57 PM : Outperform Start Price: $9.31 DHT Score: -4.70

1) S&P 4 Star Ranking.





2) Solid dividend.





3) Near the 52 week low.





4) Receintly upgraded by JP Morgan





Bottom Line: The world needs oil, even more specifically the US needs oil. The way they get over 60% of it is importing it...on boats. Double Hull owns a fleet of oil tankers including some of the largest VLCC' tankers and a couple Suezmax tankers (boats that can fit through the Suezcanal). The growing need for oil futhers the growing need to transport it.





***Bonus...go a step further and invest in LNG carriers(liguid natural gas tanker). Need for natural gas is going to skyrocket in the look to oil alternatives and these companies' profits will do the same.

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