Diana Shipping, Inc. (NYSE:DSX)
CAPS Rating:
The Company is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of bulk carrier vessels.
The Company is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of bulk carrier vessels.
Recs
This company has a lot of cash. It is the best set company for this downturn in shipping. It is close to 52 week lows. Diana will be around because people will not start shipping. This is a good start point. In a few months it will be higher. I Expect a lot of volatility, I don't expect to hold it for long but would not mind doing so.