It seems odd to be analyzing the best shipping stocks as recession concerns continue to pile up in 2022. Further, any recession will likely last well into 2023 and come with a much harder landing than the Federal Reserve would like.
With shipping rates down from record levels, it’s also unsurprising that many shipping stocks have been whacked hard this year. But that may be an opportunity.
This is a very volatile sector, but it’s essential to the world’s supply chain. Still, when looking for the best shipping stocks, investors should consider companies with strong balance sheets and proven track records or competitive advantages in the space.
So, without further ado, here are seven of the best shipping stocks for investors to consider.
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