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$1.53 -0.09 (-5.56%)
11/19/2008 11:11 AM

Navios Maritime Holdings, Inc. (NM)

CAPS Rating:
*****

A maritime enterprise and operates a fleet of owned Ultra Handymax and Panamax vessels and a fleet of time chartered Panamax and Ultra Handymax vessels that are employed to provide transportation of bulk commodities.

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3

Avatar rickdoom (30.69) Submitted: 7/11/08 2:30 PM : Underperform Start Price: $9.28 NM Score: 10.11

The stock may look extremely cheap from a price-to-earnings standpoint; however, I am still bothered by last quarter's earnings report, which was an absolute trainwreck. Considering that, and the fact that the whole drybulk shipping group seems to be floundering at the moment, I expect further downside for NM, at least until the group turns back around.

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