Danaos: Just Far Too Cheap, It's A Buy
Danaos(DAC) Seeking Alpha·2024-02-10 12:54
General_4530/Moment via Getty Images The shipping industry doesn't generate a lot of excitement for most investors. Even within the shipping sector, containerships are a particularly unfavored industry right now as the boom of 2021-2022 resulted in a too many additional ships being ordered, which are just beginning to hit the water now. But within this space, I believe Danaos Corporation (NYSE:DAC) has done just about everything right and will still perform very well over the next few years. Bear Case - ...