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Danaos Corporation (DAC): A Bull Case Theory

We came across a bullish thesis on Danaos Corporation (DAC) on Substack by Inflexio Research. In this article, we will summarize the bulls’ thesis on DAC. Danaos Corporation (DAC)'s share was trading at $84.72 as of Feb 21st. DAC’s trailing P/E was 2.93 according to Yahoo Finance.

[caption id="attachment_1214642" align="aligncenter" width="768"] A large shipping container vessel with cranes in motion on the open sea.[/caption]

Danaos Corporation, a Greek shipping company, operates a fleet of 73 containerships and 10 dry bulk vessels. The company generates most of its revenue...