Time is Now to Buy Costamare, Texas Pacific and Chicago Bridge

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Time is Now to Buy Costamare, Texas Pacific and Chicago Bridge

by TheStreet 1:44 mins

Time is Now to Buy Costamare, Texas Pacific and Chicago Bridge

by TheStreet 1:44 mins

Chicago Bridge & Iron shares are trading at a deep discount after being unfairly hit by a shortseller's accounting charge, said Thomas Sudyka, portfolio manager for the LK Balanced Fund. Sudyka is also bullish on Costamare's stock, saying the Greek containership owner pays a nice dividend and will benefit from a recovery in shipping rates, as well as global trade. Finally, Sudyka is positive on Texas Pacific Land Trust, saying it will continue to profit from the royalties it collects from oil rich territories as it retires shares with its steady cash flow.

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