Stop Ignoring This Entire Industry
The following video is part of our "Motley Fool Conversations" series, in which Austin Smith, consumer goods editor and analyst, and Brendan Byrnes, industrials editor and analyst, discuss topics across the investing world.
In today's edition, they discuss how there is opportunity in this industry, and Warren Buffet has even stated that he is bullish on it (and owns a major player in it). The sector may seem dull, but these are solid and steady dividend producers that should be around for the foreseeable future. Shippers, on the other hand, are suffering from an oversupply problem. They are also very vulnerable to global economic slowdowns, and it doesn't help that three of the major dry bulk shippers are based out of Greece.
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At the time this article was published Brendan Byrnes and Austin Smith do not own shares of the companies listed above. The Motley Fool owns shares of Berkshire Hathaway.Motley Fool newsletter serviceshave recommended buying shares of Berkshire Hathaway. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.