Danaos Corporation bullish thesis

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Danaos

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Business

Business & Economics

Danaos Corporation (DAC): A Bull Case Theory

Summary

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80% Informative

Danaos Corporation ( DAC )'s share was trading at $ 86.57 as of May 16th .

With over $3.7 billion in contracted backlog at a 70% EBITDA margin, investors are effectively purchasing the secured backlog alone and receiving Danaos ’s hard assets and future earnings for free.

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