Was Robert Bishop’s Impala Asset Management Right About These 5 Stocks?

4. Danaos Corporation (NYSE:DAC)

Impala Asset Management’s Stake Value: $78M

Stock performance over the past 12 months through November 27: -19%

One of the largest independent owners of modern, large-size containerships, Danaos Corporation (NYSE:DAC) is a Greek holding company that boasts a fleet of 71 container vessels chartered to a range of liner companies.

Earlier on November 10, Citi analyst Christian Wetherbee raised the price target on Danaos Corporation (NYSE:DAC) to $90 from $80 and maintained a Neutral rating on the shares following the Q3 beat. The analyst cites a strong near-term outlook for the company.