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ZIM stock is rocketing higher as disruptions in the Red Sea are increasing shipping rates.
Fool.com contributor Parkev Tatevosian evaluates ZIM Integrated Shipping (ZIM 16.07%) and its prospects, and provides a stock price prediction for 2024.
*Stock prices used were the afternoon prices of Jan. 3, 2024. The video was published on Jan. 5, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Zim Integrated Shipping Services. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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