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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Is Danaos Corporation (DAC) One of the Best Marine Shipping Stocks to Invest in Now?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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82% Informative

Danaos Corporation ( NYSE : DAC ) ranks 10th on our list of 11 Best Marine Shipping Stocks to Invest in Now.

The marine vessels market is expected to reach US$133.63 billion by 2030 from US$111.10 billion in 2024 .

The company's backlog of $3.3 billion offers income and firepower to accretive investments.

While we acknowledge the potential of DAC as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025 , while popular AI stocks lost around 25% . If you are looking for a deeply undervalued AI stock that is more promising than DAC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. Disclosure: None. This article is originally published at Insider Monkey ..