Stocks that Float: TANKERS & DRY BULK SHIPPERS

[xanadu90]

Hello Milner. Both are good stocks in right businesses. DOCK is in a very special niche of marine industry, and still in its infancy, but my opinion is that it will grow slowly but still steadily and make good results along the road. Seadrill has grown very aggressively through newbuilds and acquisitions, but I think it has been necessary to gain a good position in drilling business, which is developing and widening very fast now.

It will take time to build a meaningfull position in these stocks, so patience is needed.

The whole market is very nervous and volatile these days, so IMO it is best to build a good position in two-three dividend paying stocks, e.g. Seadrill, FRO and GDOCF. DOCK can reward its investors at least with a nice price rise, as its dividend paying may begin years away.