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Barchart
Barchart
Jim Van Meerten

This Tanker Stock Has Nearly Tripled in Just 1 Year – and It Yields 21.76%

  • Okeanis Eco Tankers (ECO) demonstrates strong momentum, recently hitting a new all-time high.
  • Shares are up nearly 200% over the past year.
  • ECO holds a 100% “Buy” technical opinion from Barchart.
  • Its valuation, improving profitability, and positive earnings revisions underpin the investment thesis in ECO, although volatility and short interest warrant disciplined risk management.

Author’s Note: Many of the sources I use to research my daily Chart of the Day picks do not cover foreign-based companies, even when they are traded on U.S. exchanges, so coverage is limited.

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