NEW YORK (TheStreet) -- It's been a wild few months for the dry-bulk shipping industry, which has suffered as rates for its ocean-bound services have plunged to levels not seen since the depths of the financial crisis in early 2009.
But with most of the sector's publicly traded companies ready to report second-quarter results in the coming days and weeks, it looks as though the market may have bottomed out. Some investors and analysts say dry-bulk stocks have been oversold amid the most-recent rates collapse, and that recent strength in most of these shares indicates a burgeoning bulk-shipper rally.
Baltic Dry Index, 12-Month
Claymore/Delta Global Shipping ETF, 3-Month
In the end, dry bulk shippers will be prey to these forces to greater and lesser degrees as they progress through this earnings season and the rest of the year. Click on for a closer look at five dry-bulk stocks that will demand to be watched....
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