5 Best Shipping and Container Stocks To Buy

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In this article, we discuss the 5 best shipping and container stocks to buy. If you want our detailed analysis of these stocks, go directly to 10 Best Shipping and Container Stocks To Buy

5. Costamare Inc. (NYSE:CMRE)

Number of Hedge Fund Holders: 17

Costamare Inc. (NYSE:CMRE) is one of the biggest shipping companies in the world with a fleet of 78 containerships and 37 dry bulk vessels. The Monaco-based international containership company ranks fifth on the list of 10 best shipping and container stocks to buy. 

More hedge funds backed Costamare Inc. (NYSE:CMRE) in the second quarter of 2021. With a $28.2 million stake in Costamare Inc. (NYSE:CMRE), Renaissance Technologies owns 2.39 million shares of the company as of the end of the June quarter. Of the 873 elite funds tracked by Insider Monkey, 17 were long Costamare Inc. (NYSE:CMRE) at the end of the second quarter up from 12 in the first quarter of 2021.

On September 8, Citi analyst Christian Wetherbee kept a Buy rating on Costamare Inc. (NYSE:CMRE) following Q2 earnings. Wetherbee raised his price target for the stock to $19 from $14.50.

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