10 Stocks Grow Firmer Despite Mixed Market Sentiment

5. ZIM Integrated Shipping Services (NYSE:ZIM)

ZIM Integrated rose for a fourth consecutive day on Monday, adding 4.5 percent to close at $21.85 apiece, with investors buying shares despite the lack of positive catalysts to fuel appetite.

The rally could also be attributed to an early portfolio repositioning ahead of the company’s release of its earnings results for the fourth quarter of the year next month.

In the call, investors will be watching out for ZIM’s business outlook over the next few years, with the focus on any potential impact from the growing trade tensions on its performance in the year ahead, especially following reports over the weekend that Trump administration’s officials are set to slap higher port fees on Chinese shipping vessels, as well as those ships made in China.

ZIM—while based in Israel—buys its new vessels from China. Just recently, ZIM received its 15th and last vessel from the Yangzijiang Shipbuilding Group of China, which it co-owns with Canadian shipping firm Seaspan.