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$21.23 -1.10 (-4.93%)
10/10/2008 4:04 PM

Tsakos Energy Navigation Ltd. (TNP)

CAPS Rating:
*****

The Company is a provider of international seaborne crude oil and petroleum product transportation services. It owns a fleet of modern tankers providing world-wide marine transportation services.

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Avatar sanchola (< 20) Submitted: 7/10/08 12:13 PM : Outperform Start Price: $36.40 TNP Score: -12.36

Oil shipping is in a boom cycle right now due to the high price. This will probably continue until November 2008, but will likely begin to decline steadily over the next couple of years making this a good buy. Will probably peak around $50-$55

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