Finally, markets had a good day today, with all three major indices up over 1% and the tech-heavy Nasdaq advancing 2.46%. In particular, four dry-bulk shippers were up big on the day.
|Navios Maritime Partners ||8.97%|
|Diana Shipping ||8.33%|
|Navios Maritime Holdings ||5.00%|
The main reason for these dry bulk shippers’ advance was positive news out of China, in which Premier Wen Jiabao suggested that the government will focus more on a more pro-growth agenda. Check out the following video for more on these dry bulkers’ big day today.
While these dry bulk shipping companies have been beaten down and may look cheap to some, we think there are more compelling, less risky stocks out there. Our analysts have uncovered one such company in our new report, "The Motley Fool's Top Stock for 2012." It highlights a company that is revolutionizing commerce in Latin America. You can get instant access to the name of this company by clicking here -- it's absolutely free.
Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.