NMM
Navios Maritime Partners L.P.
NMM
Navios Maritime Partners L.P.
Shares of shipping companies have surged to their highest levels in a decade or more, as a prolonged crisis in the Strait of Hormuz squeezes the global supply of vessels. The rally is being driven by
Navios Maritime Partners remains a strong buy, with a raised fair value of $115 per share despite over 100% stock appreciation. NMM trades at just 0.47x charter-free NAV, supported by robust buybacks
Navios Maritime Partners (NMM) is rated a cautious Buy, supported by strong Q2 charter coverage, vessel sales, and fleet modernization. NMM's value-creating strategy includes selling old VLCCs at peak