Top Shipping Stocks for 2021: Key Takeaways \tBig picture to hot stocks \u2014 your guide to shipping stocks is here. \tSee my thorough shipping sector watchlist, including high-priced steady gainers to low-priced spikers. \tWhat to know about the big hits to this industry and its rapid comeback. SUBSCRIBE to my NO-COST weekly stock watchlist here. This is an interesting year for shipping, which can mean great volatility and momentum for shipping stocks. Supply chain issues are only part of the big picture. Build your tailored watchlist now to prepare. It helps to break your lists down by sector so you don\u2019t get overwhelmed. Here are the top shipping stocks I\u2019m looking at for 2021 (details below): \tAir Transport Services Group, Inc. (NASDAQ: ATSG \u2026 see my analysis here) \tDaseke, Inc. (NASDAQ: DSKE \u2026 see my analysis here) \tJ.B. Hunt Transport Services, Inc. (NASDAQ: JBHT \u2026 see my analysis here) \tLandstar System, Inc. (NASDAQ: LSTR \u2026 see my analysis here) \tMatson, Inc. (NYSE: MATX \u2026 see my analysis here) \tOld Dominion Freight Line, Inc. (NASDAQ: ODFL \u2026 see my analysis here) \tXPO Logistics, Inc. (NYSE: XPO \u2026 see my analysis here) \tZIM Integrated Shipping Services Ltd. (NYSE: ZIM \u2026 see my analysis here) \tRadiant Logistics, Inc. (AMEX: RLGT \u2026 see my analysis here) \tSino-Global Shipping America, Ltd. (NASDAQ: SINO \u2026 see my analysis here) https:\/\/www.youtube.com\/watch?vefJ0xTt4z9M Shipping Stocks Overview What should you know about shipping stocks before you look at individual tickers? Let\u2019s look at the sector more closely. Background Shipping Stocks \u00a9 Millionaire Media, LLC Shipping means transporting cargo by land, air, or sea. It\u2019s HUGE. This sector handles the movement of goods around the world, from raw materials (lumber and coal) to finished products and machinery. As globalism increases, shipping companies have more opportunities to make money. But more reliance on shipping means that global events impact the industry more... Trends in Shipping Stocks Lockdowns were tough for shipping companies. There was less demand around the world and business slumped a bit. In March 2021, the industry faced another setback. That\u2019s when the enormous cargo ship Ever Given blocked the Suez Canal for six days. Global shipping companies use the Suez Canal regularly to transport goods. The few days it was inoperable had a big impact on the industry as a whole. It\u2019s a good lesson in how big global events can affect so many things, including market sectors and stocks. Now shipping stocks are ready for a boom as economies open up. More business means more shipping. That can mean more trading opportunities \u2014 if you know what you\u2019re doing.\u00a0 Be ready for volatility. Check out my no-cost "Volatility Survival Guide" to learn how to trade volatile stocks. Shipping Stocks to Watch \u00a9 Millionaire Media, LLC I\u2019m watching these stocks, but I might not trade any of them. That way I\u2019m prepared when a stock fits my pattern. The stocks on this list are a little higher priced. I prefer penny stocks, especially OTCs. I\u2019ve been trading for 20+ years and these patterns still work. And some of my students apply my patterns to higher-priced listed stocks. That\u2019s the power of education. Let\u2019s dive right in. 2021 Shipping Stocks #1: Air Transport Services Group, Inc. (NASDAQ: ATSG) This company leases planes to businesses for cargo transport. It also provides services like aircraft maintenance and ground support. Airlines famously took a hard hit during lockdowns. But restrictions have started to lift and economies are trying to come back. We could see increased business in air traffic. Also, the Ohio Aviation Association recognized ATSG\u2019s subsidiary as the \u201cAirport Business of the Year.\u201d That sounds like the beginning of a fluff press release to me. Remember to always look for a catalyst. Find a reason for the stock\u2019s move. It put in a base in the low $20s. I\u2019m watching for some consolidation under the breakout level before getting in. Remember, safe entries and exits. 2021 Shipping Stocks #2: Daseke, Inc. (NASDAQ: DSKE) This company provides transportation for cargo on trucks. It\u2019s a lot like the previous company but moves products on the ground. It spiked a bit back in August 2020. Since then, it\u2019s held gains well. It even bounced off the $5 level a few times. Take a look at a chart on a longer time frame and you\u2019ll see what I mean. I zoomed in below to show you something specific\u2026 I like this chart \u2014 it looks like it could break out again. At the beginning of August, it popped up over $9. I\u2019m watching for it to hold that price level. Hopefully, it consolidates above $9, and there\u2019s an opportunity to get in on a dip. The chart may look good, but don\u2019t get sucked in. Confirm the move first. DSKE 6-month chart \u2014 courtesy StocksToTrade.com 2021 Shipping Stocks #3: J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Here\u2019s another trucking company that hedges its business by using railroads. It also consistently ranks amongst the top North American shipping companies for revenue. Stock prices vary with the perceived value of businesses. The more money the company makes, the higher the stock price. So it\u2019s a good sign that this company has positive revenues. A lot of the penny stocks I trade have little to no revenues. That\u2019s a big difference between these listed stocks and the sketchy niche. Ready to dive into penny stocks? Check out my "PennyStocking Framework Part Deux" DVD. It\u2019s a great way to dig into the patterns and basics of this niche. As for JBHT, we see some signs of running back in October 2020. And now it\u2019s right near the highs after putting in a bottom at $160. There\u2019s some pretty good consolidation happening at the breakout level. My guess is we\u2019ll see it choose a direction pretty soon. If you\u2019re looking to go long, wait for a dip to support levels. Don\u2019t get greedy. 2021 Shipping Stocks #3: Landstar System, Inc. (NASDAQ: LSTR) This company generates most of its revenue through trucking operations. At the beginning of 2021, it ran a bit after breaking out over the $140 level. So we know it can move under the right circumstances. Last July the stock bottomed out at $150 and is now making its way back toward the highs. It looks like $180 is the resistance. Look for it to bounce around between those levels and get in on a safe dip. Make sure you\u2019re only taking positions when a catalyst moves this stock up. Otherwise, you\u2019re just buying at random. 2021 Shipping Stocks #4: Matson, Inc. (NYSE: MATX) This chart is exciting. Every time the stock moves up, it holds gains well. Look at the move from $40 to $50. Then it broke through again and held the $55 level. The most damning evidence to me is the period from May\u2013July. For three months it put in a big consolidation above $60. Now it\u2019s working back toward the highs. A lot of these charts look the same, and I have similar reasons for watching them. Pick up on that. I\u2019m looking to fit stocks to certain patterns. The more alike they look, the better. Especially if I\u2019m looking for the same pattern. Check out my "Spikeability" DVD for more information on catching runners before they make a move. MATX 1-year chart (Source: StocksToTrade) 2021 Shipping Stocks #5: Old Dominion Freight Line, Inc. (NASDAQ: ODFL) This is a trucking company that transports goods around the U.S. Its chart doesn\u2019t have much of a history of spiking. But I have some other reasons for keeping it on the watchlist. The chart shows a strong history of growth in the last two years, for good reason, too. It\u2019s regarded as a highly profitable company compared to others in the industry. I don\u2019t usually hold positions for long, but if you\u2019re looking for a swing trade contender, this might be one to further research. But remember, there are no guarantees in the stock market. Even companies with solid financials can take a dive if the economy gets hit hard. Stay safe. ODFL 2-year chart (Source: StocksToTrade) 2021 Shipping Stocks #6: XPO Logistics, Inc. (NYSE: XPO) Here\u2019s another trucking company that reminds me a lot of the MATX chart above. See how it holds its gains every time it moves up? That\u2019s a good sign. 2021 Shipping Stocks #7: ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) This company transports a variety of goods including dangerous and refrigerated cargo. Often, catalysts spike stocks higher with scary news. Transporting dangerous and refrigerated goods could provide a great catalyst for stock moves. Especially now that vaccines are transported at cold temperatures. This chart looks like it\u2019s grinding higher. Don\u2019t chase it. I\u2019ll keep it on my list in case it pulls back and consolidates above the breakout level. Shipping Penny Stocks \u00a9 Millionaire Media, LLC All the stocks up to this point have been a little pricey. Again, I prefer penny stocks. I think they\u2019re great for traders with small accounts. You can start small and build your knowledge and brokerage accounts together. And you can learn rules to keep you safe along the way. My top trading rules are in \u201cThe Complete Penny Stock Course\u201d by my student Jamil. He wrote it after learning from me. It can help traders build a solid trading foundation. On that note, let\u2019s look at some of the lower-priced shipping stocks I\u2019m watching... Radiant Logistics, Inc. (AMEX: RLGT) This company provides a variety of shipping solutions across land, air, and sea. I know it\u2019s above $5, but it\u2019s still a pretty low-priced stock. Nothing\u2019s perfect in this industry. I like this chart because we can tell it likes to run. It broke out over $6.50 back in February. Since then it has tried to hold gains after pushing past $7.50 but fell back down. I wouldn\u2019t try to trade this until it pushes back up above the $7 level. That\u2019s a big resistance line because it\u2019s a whole number. And we can see the stock touched it last July. I\u2019d wait for some consolidation below $7.50. We can already see some just above $6, but that\u2019s a bit far from the breakout level. I want it to prove it has legs to get back above $7. Sino-Global Shipping America, Ltd. (NASDAQ: SINO) This is a great chart. The volatility is truly inspiring. It ran from $4 to $10 back in January and early February this year. Now it\u2019s all the way back down to $3. See what I mean about staying safe? Never trust these penny stock spikers. More often than not, they\u2019ll fail, like this one did. The smartest plan of action is to get in safely and take the meat of the move. You don\u2019t need to catch the exact bottom or top. Just get out with a safe single or small loss. https:\/\/www.youtube.com\/watch?v6mLhnSWQQE0 This company deals with shipping in countries like China, Australia, and the U.S. With that large of a territory, there are more possibilities for spooky press releases. I\u2019ll watch for an interesting catalyst and increased volume. The Bottom Line on Shipping Stocks Picking stocks for a watchlist can be tough for newbies. Usually, they don\u2019t know what to look for and it can be overwhelming. Try dividing stocks into groups that will make your sample size smaller. You now know which shipping stocks I\u2019m watching \u2026 Now you can do the same for other sectors. And if you\u2019re ready to commit to learning more, apply for my Trading Challenge today. Just know that I don\u2019t accept everyone. You have to prove you\u2019re ready to put in the work. Remember to keep your expectations realistic. Don\u2019t promise yourself profits and make sure to always remember rule #1 and cut losses quickly. Which shipping stocks are on your watchlist? Let me know what you think about this sector. Leave a comment!