Top ships is quite undervalued
It has an extremely strong support level around one dollar and huge, huge potential for growth.
Although it continues to have problems to be profitable (in net terms), I consider that its fleet, its geographical distribution, its orientation towards "ECO" tankers, its continuous increase in income and assets, make it a strong competitor in the sector.
Among other things, Morgan Stanley increased its position by almost 2,500% in March, while other big ones like Rockefeller Capital Management and JPMorgan opened new positions, mmm...
This company is "an international owner of modern, fuel efficient “ECO” tanker vessels focusing on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals"
NASDAQ:TOPS
Although it continues to have problems to be profitable (in net terms), I consider that its fleet, its geographical distribution, its orientation towards "ECO" tankers, its continuous increase in income and assets, make it a strong competitor in the sector.
Among other things, Morgan Stanley increased its position by almost 2,500% in March, while other big ones like Rockefeller Capital Management and JPMorgan opened new positions, mmm...
This company is "an international owner of modern, fuel efficient “ECO” tanker vessels focusing on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals"
NASDAQ:TOPS
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.