Teekay Tankers Is Cheap With Cash Equivalent To 39% Of Its Capitalization

Teekay Tankers limited (NYSE: TNK ), one of the largest mid-sized tanker operators in the world, is presenting a compelling investment opportunity given the ~30% drawdown in the last 12 months. However, the fall has brought TNK to a lucrative level from aI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in t ...