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Top Shipping Stocks To Watch Now - September 16th

Shopify logo with Computer and Technology background

Key Points

  • Shopify, United Parcel Service, and Blackstone are highlighted as the top shipping stocks to watch, reflecting their significant dollar trading volume in recent days.
  • Shipping stocks are influenced by global trade volumes and freight rates, making them sensitive to economic fluctuations and fuel costs.
  • In addition to traditional shipping services, companies like Blackstone provide alternative asset management, indicating a diversification of operations within the industry.
  • MarketBeat previews top five stocks to own in October.

Shopify, United Parcel Service, and Blackstone 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 manage cargo vessels—such as container ships, bulk carriers, tankers, and roll-on/roll-off (RoRo) vessels. Their performance is closely tied to global trade volumes and freight rates, making them sensitive to economic cycles, fuel costs, and shifts in supply and demand for shipping capacity. Investors in shipping stocks seek exposure to the maritime transport sector’s ups and downs and may benefit from rising global trade or specialized niche markets within shipping. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Read Our Latest Research Report on SHOP

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

Read Our Latest Research Report on UPS

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

Read Our Latest Research Report on BX

See Also

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