This Shipping Stock Has Set 15 New Highs This Month

Costamare (CMRE) has strong technical momentum and just set a new 52-week high. Shares have a 100% technical “Buy” opinion from Barchart. CMRE stock is up nearly 30% in just the last month. Analyst sentiment is mixed, but Morningstar sees CMRE as 19% undervalued and Seeking Alpha rates it a “Strong Buy.” Today’s Featured Stock Valued at $1.9 billion, Costamare (CMRE) is a containership owner chartering its vessels to liner companies. The company deploys its containership fleet principally under ...