Hottest Dry Bulk Shipping Stock: DryShips
What's the most popular dry-bulk shipping stock riding the equities-markets waves? The answer is about as surprising as "Yankees" in a poll that asks for a favorite baseball club.
It's DryShips(DRYS Quote), of course! The company garnered some 46% of the final tally, or about 3400 votes. Diana Shipping(DSX Quote), the conservative ying to DryShip's wild-streak yang, took second place with 24.8% of your clicks. Like all dry-bulk stocks this past week, DryShips and Diana experienced a choppy week of trading as the Baltic Dry Index -- the world gauge for shipping rates -- was under some pressure from falling steel prices. DryShips stock ended the week pretty much where it began, at $5.87. Diana fared worse, closing the week down 6.5% at $12.69. Rounding out our inaugural dry-bulk shipping poll was Excel Maritime(EXM Quote) with 13.7% of the votes, Genco(GNK Quote) with 8.4% and the ever-popular Other, with 7.3%. -- Written by Scott Eden from New York Follow TheStreet.com on Twitter and become a fan on Facebook.- Loading Comments...
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