Zacks rates SBLK #1 Strong Buy! Many analysts in
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Posted On: 08/10/2022 11:46:40 AM
Zacks rates SBLK #1 Strong Buy! Many analysts indicate SBLK is a $35 to $45 stock going forward. Earnings continue to beat estimates and dividends are strong. The need for bulk container ships to move cargo in high demand is very strong. There 128 vessels in SBLK fleet in good position to take advantage of world wide demand of grains, fertilizers, iron ore, etc. Just felt fortunate to add more shares at these discount prices. Love the 25% dividend.
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