9 shipping stocks to watch in 2021 | finder.com

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Shipping stocks

Ready to invest in the freight industry? Consider these 9 stocks.

The best shipping stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

How to buy shipping stocks

Sign up with an online broker or platform to invest in one of more of these shipping stocks.
  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like EXPD or FDX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Invest in the freight industry today with a market order or use a limit order to delay your purchase until the stock reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy fractional shares, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of a shipping company. Optimize your portfolio by tracking how your stock — and even the freight sector as a whole — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Compare shipping stocks

We round up a selection of stocks in or related to the freight industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. Expeditors International of Washington (EXPD)

Expeditors International of Washington, Inc. provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.

Expeditors International of Washington stock opened the day at $111.05 after a previous close of $110.45. The latest price was $110.23 (25 minute delay). Expeditors International of Washington is listed on the NASDAQ, has a trailing 12-month revenue of around USD10.1 billion and employs 17,480 staff.

  • Market capitalization: $18,741,903,360
  • P/E ratio: 27.2973
  • PEG ratio: 4.1811

2. FedEx Corporation (FDX)

FedEx Corporation provides transportation, e-commerce, and business services worldwide. Its FedEx Express segment offers shipping services for delivery of packages and freight. Its FedEx Ground segment offers business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages.

FedEx Corporation stock opened the day at $279.05 after a previous close of $280.34. The latest price was $278.26 (25 minute delay). FedEx Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$78.8 billion and employs 324,000 staff.

  • Market capitalization: $77,267,591,168
  • P/E ratio: 25.6406
  • PEG ratio: 0.8476

3. C-HRobinson Worldwide (CHRW)

C. H. Robinson Worldwide, Inc. , together with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries worldwide.

C-HRobinson Worldwide stock opened the day at $99.68 after a previous close of $99.48. The latest price was $98.95 (25 minute delay). C-HRobinson Worldwide is listed on the NASDAQ, has a trailing 12-month revenue of around USD$16.2 billion and employs 14,888 staff.

  • Market capitalization: $12,922,732,544
  • P/E ratio: 26.4892
  • PEG ratio: 2.2532

4. Hub Group (HUBG)

Hub Group, Inc. , an asset-light freight transportation management company, provides intermodal, truck brokerage, trucking, managed transportation, freight consolidation, warehousing, last mile delivery, international transportation, and other logistics services in North America. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over distances of 750 miles or more.

Hub Group stock opened the day at $64.77 after a previous close of $64.48. The latest price was $64.85 (25 minute delay). Hub Group is listed on the NASDAQ, has a trailing 12-month revenue of around USD$3.5 billion and employs 5,000 staff.

  • Market capitalization: $2,374,037,504
  • P/E ratio: 31.4886
  • PEG ratio: 4.5221

5. United Parcel Service (UPS)

United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and financial services. It operates through three segments: U. S.

United Parcel Service stock opened the day at $179.39 after a previous close of $179.69. The latest price was $178.57 (25 minute delay). United Parcel Service is listed on the NYSE, has a trailing 12-month revenue of around USD$84.6 billion and employs 273,510 staff.

  • Market capitalization: $156,181,348,352
  • P/E ratio: 116.6494
  • PEG ratio: 2.1701

6. XPO Logistics (XPO)

XPO Logistics, Inc. provides supply chain solutions in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, Transportation and Logistics.

XPO Logistics stock opened the day at $118.99 after a previous close of $117.70. The latest price was $121.17 (25 minute delay). XPO Logistics is listed on the NYSE, has a trailing 12-month revenue of around USD$16.3 billion and employs 102,000 staff.

  • Market capitalization: $15,306,870,784
  • P/E ratio: 175.7244
  • PEG ratio: 0.684

7. Radiant Logistics (RLGT)

Radiant Logistics, Inc. provides multi-modal transportation and logistics services primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services.

Radiant Logistics stock opened the day at $7.19 after a previous close of $7.12. The latest price was $7.16 (25 minute delay). Radiant Logistics is listed on the NYSE MKT, has a trailing 12-month revenue of around USD$847.4 million and employs 579 staff.

  • Market capitalization: $348,773,152
  • P/E ratio: 29.8291
  • PEG ratio: 0.78

8. Teekay Tankers (TNK)

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. It operates through two segments, Tanker and Ship-to-ship Transfer (STS).

Teekay Tankers stock opened the day at $15.15 after a previous close of $15.09. The latest price was $14.47 (25 minute delay). Teekay Tankers is listed on the NYSE and has a trailing 12-month revenue of around USD$886.4 million.

  • Market capitalization: $477,528,992
  • P/E ratio: 5.5136
  • PEG ratio: 31.59

9. Euronav (EURN)

Euronav NV, together with its subsidiaries, engages in the shipping and storage of crude oil worldwide. The company also offers floating, storage, and offloading (FSO) services. As of April 15, 2020, it owned and operated a fleet of 2 V-Plus vessels, 42 VLCCs, 26 Suezmaxes, and 2 FSO vessels.

Euronav stock opened the day at $9.14 after a previous close of $9.05. The latest price was $9.07 (25 minute delay). Euronav is listed on the NYSE and has a trailing 12-month revenue of around USD$1.2 billion.

  • Market capitalization: $1,749,605,376
  • P/E ratio: 3.8817
  • PEG ratio: -3.43

Compare trading platforms

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in shipping stocks.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

While it’s possible to turn a profit investing in shipping stocks, keep in mind that — like any investment — shipping stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the freight industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

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