Matthew Waterman
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Matthew Waterman in Brand Power,

Zacks: Navios Maritime, Star Bullkers Have "Great Momentum"

In an update issued to subscribers to Zacks Equity Research, analysts stated that Navios Holdings (NH):

"Holds a Zacks Rank #1 coupled with a Momentum Score of A. The company has seen an 8.05% price increase in the past one week which makes it an attractive investment option."

This news was issued earlier in the day, and the stock is rallying up more than 8% today so far.

Additionally, they gave an endorsement to Star Bulk Carriers Corp. (SBLK) :

"The company carries a Zacks Rank #2 and a momentum score of A, making it a favorable pick. The company boasts an 18.33% price appreciation YTD."

Star Bulkers is up more than 10% on the day so far.