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DMDV - ZIM Integrated: Don't Buy The Muppet Show-Induced Turmoil Buy The Company
June, 09 2022 03:23 PM
AAM S&P Developed Markets High Dividend Value
Recently, ZIM's shares have tumbled in the light of global economic slowdown. This will affect the company's profit margins, no doubt. When and how much remains to be seen. However, the company is trading at nearly its forward earnings point and very close to its cash per share. Environmental regulations are expected to favor the company and provide some support to freight rates. In that sense, I'm increasing my position in the company, at least until the end of this year. For further details see:
ZIM Integrated: Don't Buy The Muppet Show-Induced Turmoil, Buy The Company
Stock Information
Company Name:
AAM S&P Developed Markets High Dividend Value
Stock Symbol:
DMDV
Market:
NYSE
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