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Global Ship Lease (GSL) Looks Good: Stock Adds 5.4% in Session

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Global Ship Lease, Inc. (GSL - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 61.4% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Global Ship Lease currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. 

Global Ship Lease, Inc. Price

A better-ranked stock in the Transportation - Shipping industry is Tsakos Energy Navigation Ltd (TNP - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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Tsakos Energy Navigation Ltd (TNP) - free report >>

Global Ship Lease, Inc. (GSL) - free report >>