ZIM Delivers Strong Earnings
Internal cargo shipping company ZIM continues to be a major innovator in the transportation industry and looks like it has the potential to be a true market leader. This is a company that has been posting incredible results, with four quarters of triple-digit earnings and four quarters of accelerating sales growth. It has also shown its' efficiency with a solid return on equity. The US supply chain crisis has led to a strong demand for shipping companies like ZIM. After reporting solid earnings on November 17, ZIM blasted higher on solid volume. I'll be watching it closely for an entry point in coming days.
Risk right. Sit tight.
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