The 15 Most-Watched Shipping Stocks

People watch stocks for different reasons -- they're waiting for a dip in price, watching for a specific catalyst, gathering all the news and information that might affect stocks they already own, or considering a sell. Regardless of their motivation, we can better understand market sentiment by seeing who's watching what. With the Fool's free My Watchlist service, we have tens of thousands of people telling us the businesses that have, for whatever reason, piqued their interest.

The most-watched shipping stock is ...
Looking at the aggregate data, we see that DryShips (Nasdaq: DRYS  ) is above the rest in terms of watch interest, the percentage of people keeping an eye on shipping stocks in general who are specifically watching each company. And for good reason. As CAPS All-Star BudandMolly wrote in January:

High risk, high reward stock. Has very high debt, but entry into drillships might make the risk worth taking. Recent contracts show renewed interest in drillships. With rising oil prices, consumer pressure, and changing political tide will force renewed drilling interest and relaxing of current restrictions.

Here are the rest of the 15 most-watched companies in the industry with their watch interest along with the stocks' CAPS rating to show the sentiment of our investing community.

 

Company

Market Cap (millions)

CAPS Rating (out of 5)

Watch Interest

1

DryShips

$1,654

***

21.0%

2

Seaspan (NYSE: SSW  )

$1,437

*****

12.9%

3

Diana Shipping (NYSE: DSX  )

$994

*****

10.4%

4

Genco Shipping & Trading

$375

*****

10.3%

5

Navios Maritime (NYSE: NM  )

$651

*****

7.3%

6

Excel Maritime Carriers (NYSE: EXM  )

$369

*****

7.1%

7

Paragon Shipping (NYSE: PRGN  )

$159

****

5.6%

8

Eagle Bulk Shipping (Nasdaq: EGLE  )

$234

****

5.1%

9

Navios Maritime Partners

$1,039

*****

2.9%

10

Baltic Trading

$208

****

2.1%

11

Star Bulk Carriers

$148

****

1.8%

12

Alexander & Baldwin

$2,206

*****

1.7%

13

Safe Bulkers

$622

****

1.4%

14

Danaos

$820

****

1.3%

15

International Shipholding

$183

****

1.2%

Sources: Motley Fool, Motley Fool CAPS.

Whether you're keeping an eye on the industry stalwarts like DryShips or are watching an up-and-comer like Paragon Shipping, it pays to watch. We can help you keep tabs on your companies with My Watchlist, our free, personalized stock tracking service. Click here to start now.

Dan Dzombak's musings and articles he finds interesting can be found on his Twitter account: @DanDzombak. He owns no shares of the companies mentioned in this article.

Motley Fool Options has recommended a written covered strangle position on Seaspan. The Fool owns shares of Seaspan. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (5) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 07, 2011, at 9:02 PM, geoflying wrote:

    PRNG is a dog, who is the dummy that was pumping it as a buy few weeks ago?. What a scammer.

  • Report this Comment On April 07, 2011, at 9:03 PM, geoflying wrote:

    (PRGN) above error..

  • Report this Comment On April 08, 2011, at 9:29 PM, 1caflash wrote:

    Dogs do not pay steady dividends for over 2 years. My bowl of canine chow will eventually look less empty and more likes chunks of dollars. Please, Master, keep feeding me the "Paragon Diet", and forgive me when I DRIP.

  • Report this Comment On April 08, 2011, at 9:35 PM, 1caflash wrote:

    I likes [sic] these meals. My caretaker helped correct my spelling. He thinks I'm trained well.

  • Report this Comment On May 21, 2011, at 8:39 AM, gcmagone wrote:

    Please post your list again but, with the current dividend yield. I think folks looking at shipping are yield seekers. I found NMM that pays me well. There must be others.

Add your comment.

DocumentId: 1471768, ~/Articles/ArticleHandler.aspx, 7/25/2014 1:21:05 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement