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Shipping Stocks To Consider - April 23rd

Viking logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat’s screener flags Viking (VIK), Almonty Industries (ALM) and Pitney Bowes (PBI) as the Shipping stocks with the highest recent dollar trading volume, noting the sector’s sensitivity to global trade volumes and freight rates.
  • Viking Holdings (VIK) operates passenger river and ocean cruises with a fleet of 92 ships (81 river vessels, 9 ocean ships, 2 expedition ships) and functions as a tour operator in North America, the U.K. and internationally.
  • Almonty Industries mines, processes and ships tungsten concentrate from its Panasqueira mine in Portugal, while Pitney Bowes (PBI) provides shipping, mailing, logistics and technology services to businesses and government clients.
  • Interested in Viking? Here are five stocks we like better.

Viking, Almonty Industries, and Pitney Bowes are the three Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of publicly traded companies that own, operate, or lease vessels used for maritime transport—such as container ships, bulk carriers, tankers, and LNG carriers. Their performance is largely driven by global trade volumes and freight rates, and is sensitive to factors like fuel costs, fleet capacity, seasonal demand, and shipping regulations, making them cyclical and often volatile. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

Viking (VIK)

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.

Read Our Latest Research Report on VIK

Almonty Industries (ALM)

Almonty Industries Inc. is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc. is based in TORONTO.

Read Our Latest Research Report on ALM

Pitney Bowes (PBI)

Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.

Read Our Latest Research Report on PBI

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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