5 Best Shipping and Container Stocks To Buy

4. Global Ship Lease, Inc. (NYSE:GSL)

Number of Hedge Fund Holders: 18

Global Ship Lease, Inc. (NYSE:GSL) operates a fleet of 65 containerships. The London-based company leases mid-size Post-Panamax and smaller containerships to container shipping companies. With the continued global demand for containerized ships, shares of Global Ship Lease, Inc. (NYSE:GSL) soared 96%, year to date.

The company, which ranks fourth on the list of 10 best shipping and container stock to buy, offers an attractive dividend yield of 4.30% to its shareholders. As of the end of the second quarter, 18 hedge funds tracked by Insider Monkey reported owning stakes in Global Ship Lease, Inc. (NYSE:GSL). The total worth of these stakes is $97 million. This shows the hedge fund sentiment is positive for the ship-leasing company as 11 funds had stakes in the company in the previous quarter, having a total worth of $48 million.