2 Shipping Stocks Set to Deliver Big Gains the Rest of 2021

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Published: June 28, 2021

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2 Shipping Stocks Set to Deliver Big Gains the Rest of 2021


Freight and shipping stocks haven't had the easiest run in the past 18 months. Just as the sector got back on its feet heading into the peak season, they've been dealt another tough blow...

A Chinese port that exports 90% of the world's electronics recently shut down.

It's been a major pain point for the maritime shipping world, and it's making efforts to reopen the global economy that much harder.

The shipload impacted by the closure was even larger than the Suez Canal blockage we experienced earlier this year. So the fallout could very well be another rise in the price of goods, which have already been affected by massive inflation.

And I can hear you shouting now...

No, the Federal Reserve doesn't see inflation, so we'll have to save that chestnut for another day.

But regardless of what J-Pow's talking points say, WealthPress Senior Strategist Roger Scott sees a few freight and shipping stocks that are set to rally thanks to the delay...


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Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. 


Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. 


Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.


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