MAD MONEY FEATURES
Watch the Lightning Round whenever and wherever you want.
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
Check out Cramer on set, back to school, behind the scenes and more.
Buy Cramer books, bobbleheads and other Mad Money merchandise.
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
Mad Money's mobile. Get show highlights sent to your phone.
Some of the biggest names in dry-bulk shipping have doubled, or come close to it, since the sector’s mid-January bottom, Cramer said, and there’s still money to be made here.
Excel Maritime [EXM
Loading...
()
] and DryShips [DRYS
Loading...
()
] are up 87% and 101%, respectively, since Jan. 17. Genco Shipping & Trading [GNK
Loading...
()
], Eagle Bulk Shipping [EGLE
Loading...
()
] and Diana Shipping [DSX
Loading...
()
] are up an average of 91% since then. With gains like those, no doubt investors will look elsewhere in the sector to put their cash. That scramble into other stocks, namely Paragon [PRGN
Loading...
()
] and Star Bulk Carriers [SBLK
Loading...
()
], is where Cramer sees opportunity.
Paragon and Star Bulk, growing an average of about 44% since January, haven’t moved nearly as much as their peers. But the gains were more than decent, and Cramer said there’s still plenty of room to move. Both companies either have added ships to their fleets or potentially could this year, and ships that aren’t yet charted out could fetch higher rates. The new business could push Star Bulk and Paragon, who already yield a hefty 9.5% and 9.1%, respectively, to increase their dividends.
Click for more Cramer |
Of course, this doesn’t mean Cramer’s giving up on Frontline [FRO
Loading...
()
], another shipping favorite that transports both crude oil and raw materials, or Nordic American Tanker [NAT
Loading...
()
]. He just thinks it’s only a matter of time before PRGN and SBLK catch up to the rest of their cohort. So investors who get on board early have the most to gain.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?

