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Danaos Corporation (DAC): A Bull Case Theory

We came across a bullish thesis on Danaos Corporation on The Skeptical Optimist’s Substack by Dheeraj Namburu. In this article, we will summarize the bulls’ thesis on DAC. Danaos Corporation's share was trading at $94.30 as of August 7th. DAC’s trailing P/E was 3.87 according to Yahoo Finance.

[caption id="attachment_1137792" align="aligncenter" width="768"] Photo by Dorian Mongel on Unsplash[/caption]

Danaos Corporation (DAC) enters 2025 in exceptionally strong financial shape. The company has aggressively deleveraged, reducing gross debt to $745M (from over $1.5B) with net...