What’s Happening in the Market
Right now, two sectors are standing out from the crowd: tech and shipping. Here’s why:
- Tech is making a comeback: After a rocky start to the year, big tech names like Meta ($META) are heating up again thanks to AI. Companies are spending billions on AI tools, and Meta is right in the middle of it.
- Shipping rates are through the roof: Attacks in the Red Sea and port delays have pushed shipping costs up 120% this year. That’s great news for companies like Diana Shipping ($DSX), which owns a fleet of ships.
Stocks We’re Watching Closely
Meta Platforms ($META) – Score: 5/7
Why it’s strong:
- Sitting on $40 billion in cash to invest in AI.
- Just rolled out new ad tools that advertisers love.
What to do: Buy on dips below $670, with a target of $750.
Diana Shipping ($DSX) – Score: 5/7
Why it’s strong:
- Pays a 12% dividend – rare for a stock under $2.
- Shipping rates could go even higher if OPEC cuts oil supply (more on that below).
What to do: Buy under $1.65, but set a stop-loss at $1.50 in case the market turns.
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