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Quality blue-chip stocks provide steady total returns that help beat inflation and preserve purchasing power. However, it is growth and penny stocks that can deliver potential multibagger returns — if the objective is to create big wealth from the markets.
Nordic American Tanker Shipping (NYSE:NAT) is expected to report an earnings recovery when it releases second-quarter results ahead of the opening bell on Monday, August 28. While the NYSE-listed shipping company, which maintains a Suezmax-only fleet of tankers, reported a seasonal slowdown with the release of its first-quarter results in May, it said the phenomenon had already bottomed.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
While the markets continue to face macroeconomic headwinds, I still believe that now is a great time to buy some of the most undervalued penny stocks and growth stocks. As an observation, the, the S&P 500 index has trended higher by 11% for year-to-date 2023.
The rates for tankers were high in the first quarter and look to be picking up for this quarter as well. Management said they would pay a dividend of $0.15 per share.
I'm sure if you're on this site, you're looking for info on the best penny stocks today. That means researching trends, analyzing data, and reading up on the latest news to formulate a thesis.
Nordic American Tankers (NAT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to loss of $0.14 per share a year ago.
Tuesday, May 16, 2023 Dear Shareholders and Investors, Our first quarter 2023 earnings report will be released on Monday May 22, 2023 before NYSE opening. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.
Hot penny stocks to watch this week. The post 5 Hot Penny Stocks To Watch With The Stock Market Down This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Nordic American Tankers Limited (NYSE:NAT ) Q4 2022 Earnings Conference Call March 7, 2023 8:00 AM ET Company Participants Herbjørn Hansson - Founder, Chairman and Chief Executive Officer Bjørn Giæver - Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Liam Burke - B. Riley Thomas Steed - Private Investor Ken Davidson - Private Investor Operator Ladies and gentlemen, thank you for standing by and welcome to the Nordic American Tankers Investors Conference Call.