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StockNews.com
StockNews.com
Business
Kritika Sarmah

3 Shipping Stocks to Buy for Momentum Investors

The shipping sector is booming due to higher global trade demand. Moreover, increased international maritime freight transport and trade agreements are driving the need for efficient shipping services.

Therefore, I think investors could consider quality shipping stocks TORM plc (TRMD), International Seaways, Inc. (INSW), and Navios Maritime Partners L.P. (NMM). These stocks are also trading above their 50-day moving averages, indicating an uptrend.

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