ZIM Soars 87% YTD: Is it Still a Red-Hot Stock to Bet on for 2025?

Shares of ZIM Integrated Shipping Services Ltd. (ZIM) have performed brilliantly in 2024, gaining 86.6% year to date. Owing to this solid rally, shares of this shipping company have easily surpassed its industry’s modest 8.7% gain and the Zacks Transportation sector’s 0.6% decline.ZIM shares have performed much better than those of fellow industry players, Seanergy Maritime Holdings (SHIP) and Costamare (CMRE) . Shares of Seanergy Maritime have declined 9.3%, while those of Costamare have increased 21.3% ye ...