Eagle Bulk Shipping, Inc. (EGLE)

breedlove7 (44.33) Submitted: 3/26/08 10:00 AM : Start Price: $23.83 EGLE Score: -34.94

With many people being so worried about the rising costs of fuel, this is a transport business that has little to fear. Afterall, how do we get 90% of all internationally imported goods...you guessed it...ocean freight. These guys are a huge player in the ocean freight business, and will continue to be. Even if consumer spending dries up, stores pay to ship their goods back to where they came from...so they benefit even further if consumer spending drops. Financially, you have to love the fact that EGLE's long term investments have more than doubled over the last year. Pair that with 17% yearly profit growth, and you've got a winner. I'm bull on EGLE.

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