Are You Looking for a Top Momentum Pick? Why Matson (MATX) Is a Great Choice
MATSON BEGINS CONSTRUCTION ON FIRST OF THREE NEW LNG-POWERED ALOHA CLASS CONTAINERSHIPS
Major bank rating | JPMorgan: Industry forecasts show that future shipping demand will slow down in the coming months, lowering Orient Overseas target price to HK$166.
According to the industry forecast, the demand is expected to slow down in the coming months, but it is anticipated that freight rates in the fourth quarter will not have a significant adjustment. Looking ahead to 2025, the industry's supply and demand imbalance situation may improve.
Is the ticking time bomb of the East Coast port strike about to explode? Shipping companies are adding surcharges to cope with it, and Maersk's stock price is soaring.
1. The B-shares of Maersk, traded in Denmark, once rose by nearly 4.9%, reaching the highest level since August 2, with a cumulative increase of nearly 20% in the past two weeks; 2. Maersk stated that even if the strike in the USA only lasts one week, it may have a huge impact on the supply chain, causing a disruption of four to six weeks.
Investing in Matson (NYSE:MATX) Five Years Ago Would Have Delivered You a 288% Gain
Institutional Investors Control 86% of Matson, Inc. (NYSE:MATX) and Were Rewarded Last Week After Stock Increased 3.8%
At US$109, Is Matson, Inc. (NYSE:MATX) Worth Looking At Closely?
