As 2011 comes to a close, it's a great time to look back at what happened to the stocks that interest you. By making sure you know the important things that a company accomplished -- as well as the setbacks it experienced -- you can make a better decision about whether it's a smart investment for your portfolio.
Today, let's take a look at Nordic American Tankers
Stats on Nordic American Tankers
|Year-to-Date Stock Return||(50.5%)|
|Market Cap||$573 million|
|Total Revenue, Trailing 12 Months||$81.1 million|
|Net Loss, Trailing 12 Months||($51.5 million)|
|1-Year Revenue Growth||(41.5%)|
|Cash / Debt||$11 million / $170 million|
Source: S&P Capital IQ.
How did Nordic American Tankers do this year?
Nordic American Tankers has a fleet of 20 Suezmax crude oil tankers, up from just three less than seven years ago. Ordinarily, that would be good news, and it has certainly put Nordic American in a position where it can expect to see a big boost to its revenue -- as long as the global economy recovers.
The problem, though, is that several of Nordic American's competitors have done the same thing, building out their fleets and causing a glut of tankers. Recently, rival Frontline
One thing that distinguishes Nordic American from its peers is its dividend. Teekay Tankers
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Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. 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 Fool has a disclosure policy.