Opinions
Kevin O'Leary
Safe Bulkers Inc.
SB-N
BUY
Nov 04, 2008
You don't want to allow more than 5% of shipping stocks in your portfolio. Large dividends are tempting but these stocks are very volatile.
$7.570
Stock price when the opinion was issued
Transportation
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
COMMENT
The Bulk Dry Index has come around not too badly. Indicators had been pointing him to stronger global growth, which he is happy with. However, he has moderated the developed nation part of that, so transports get moderated as well. He would be a little more cautious at this point, because in the moderations there are more reductions rather than hikes in global growth estimates.
Transportation
Advertising