NMM, WFG, and EGLE made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 24, 2022.
One industry that has easily outpaced the S&P 500 year-to-date is the Zacks Transportation - Shipping Industry.
Navios Maritime Partners L.P. (NYSE: NMM) has agreed to purchase two liquified natural gas (LNG) dual-fuel 7,700 TEU containerships for an aggregate purchase price of $241.2 million. The vessels are expected to be delivered into the fleet in 4Q24. In addition, Navios Partners has secured a two-month option for two additional LNG dual-fuel 7,700 TEU containerships at the same terms, delivering in 2Q25. The two containerships have been chartered-out for 12 years, at an average net rate of $42,288