Here's Why You Should Add ZIM Stock to Your Portfolio Now

ZIM Integrated Shipping Services (ZIM) has been benefiting from the Red Sea crisis-induced high freight rates. The company’s shareholder-friendly initiatives also bode well.Let us delve deeper to unearth the factors working in favor of this Zacks Rank #1 (Strong Buy) stock.ZIM’s Northward Earnings Estimates: In the past 60 days, the Zacks Consensus Estimate for current and next-year earnings has been revised upward by 35.7% and 126.7%, respectively. Such favorable estimate revisions indicate brokers’ confid ...