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Three Reasons to Bet on the Shipping Sector

Stock quotes in this article: DRYS , NM , EGLE  

The dry-bulk shipping stocks have been good to investors this year. But things stand to get a whole lot better.

Why, when things are up so much, can they stand to go even higher? There are three reasons: coal, the earthquake in China and the credit crunch.

First, a quick review of how things got to this point.

Since I first highlighted the sector in late January, shares of DryShips(DRYS Quote), Navios Maritime(NM Quote) and Eagle Bulk Shipping(EGLE Quote) are up 73%, 42% and 52%, respectively. ...

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