Costamare (CMRE) Surges 43% YTD: What Should Investors Do Now?
CMRECostamare(CMRE) ZACKS·2024-07-23 23:50

Shares of marine shipping company Costamare Inc. (CMRE) have had a good time on the bourses this year, driven by tailwinds like favorable market sentiments pertaining to dry bulk shipping and its focus on fleet modernization and capacity enhancement. Costamare, one of the leading owners and providers of containerships and dry bulk vessels for charter across the globe, has gained in excess of 40% on a year-to-date basis, outperforming not only its industry but also other shipping companies like Danaos Corpor ...