The Latest Breaking News from Golden Ocean Group

Golden Ocean Group shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Golden Ocean Group sees its Relative Strength Rating reach the 80-plus level.

Upgrades

What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Friday, May 27 marks the last chance for investors to receive the next dividend payout from Golden Ocean Group (NASDAQ:GOGL).

Golden Ocean earnings soared in Q1, following big profits from container-focused ZIM Integrated and Danaos. But GOGL stock stands out.

Golden Ocean Group (NASDAQ:GOGL) has outperformed the market over the past 5 years by 3.91% on an annualized basis producing an average annual return of 15.66%. Currently, Golden Ocean Group has a market capitalization of $2.75 billion.

Gainers

With the surge in demand for commodity and e-commerce goods worldwide, the shipping industry is poised to grow. So, we think ZIM Integrated (ZIM) and Golden Ocean (GOGL) should benefit. But which of these two stocks is a better buy now? Read more to learn our view.