A P Moller Maersk AS Class B
MAERSK B: XCSE (DNK)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
DKK 32,256.00 | Tvfq | Kgwqdhjvy |
US Port Strike Is a Short-Term Tailwind for Global Shippers, but Our Long-Term Outlook Is Unchanged
United States East Coast and Gulf Coast ports went on strike the morning of Oct. 1, 2024, threatening significant trade and economic disruption ahead of the busy holiday shopping season. While Maersk and Hapag-Lloyd’s stock prices are heavily tied to the price of container shipping and potential short-term increases will benefit the stocks, we do not change our long-term view.