Shipping Stocks: I'd Wait To Buy Frontline and Overseas - Devin Hobbes

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Shipping Stocks: I'd Wait To Buy Frontline and Overseas
Aug 08, 2008 07:37 AM UTC

Devin Hobbes

Return	Risk
-15.13%	LOW

Tracked Blogger

Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
OSG		08/08/08	-41.48%	--
FRO		08/08/08	-48.77%	--

Via Long Investment Ideas from Seeking Alpha:

Over the next several years, as emerging economies continue to grow and developed economies (hopefully) get back on track, demand for oil should continue to rise. Frontline, Ltd. (FRO) and Overseas Shipholding Group (OSG) are two of the largest crude tanker operators in the world. Both companies have bright futures, but now may not be the best time to buy their shares.

Reasons to Wait to Buy Frontline

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