Why NAT Stock Is Down 30%?! - Buy Oil Tanker Stocks Now?
Автор: Jack Spencer Investing
Загружено: 2020-04-30
Просмотров: 14971
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Why NAT Stock Is Down 30%?! - Buy Oil Tanker Stocks Now? Nat has been on a crazy ride this last week or so! Oil tanker related stocks as a whole are in a very unique position right now with the oil producers having a lack of storage. This has given the likes of NAT to take advantage and charge higher than normal rates to store this oil.
NAT's Q1 earnings come out in two weeks which will give us an idea of how well they're actually doing. They currently have an amazing balance sheet, and will more than likely be able to pay off all of their debt and pay an absolutely fantastic dividend.
The question is, where does the upside potential end, and is there any long term potential with a stock like NAT? That's what we figure out in today's video!
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