Saxo Group Videos

Videos Channels Search

Garnry: Maersk is getting shipshape for the future

The Danish company Maersk, which has both shipping and oil in its portfolio, has reported a profit for Q1 of USD 1.57 billion. That's up from 1.13 billion a year ago and despite low oil prices and lower economic growth.


Saxo's Peter Garnry says that company's balance sheet is strong and if growth and the oil price rebound,the company can make a lot of money.

Garnry has already picked this stock and says it's one to keep for the longer term. He also says it's currently undervalued.

03:10 minutes
Tags: brent, brent crude, brent geo-political, brent oil, brent price, brent spread, brent wti spread, commodities, commodities markets, commodities prices, commodities supply, commodities trading, commodity, commodity index, commodity investing, commodity investments, commodity market, commodity markets, commodity oil, commodity outlook, commodity prices, commodity strategy, commodity trade, commodity trading, commoditymarket, equities, equities saxo, equities trading, equity, equity bubble, equity index, equity market, equity market 2014, equity markets, equity portfolio, equity portfolios, equity research, equity strategy, equity trading, maersk, maersk container, maersk group, maersk investment, maersk line, maersk profit, maersk share price, maersk shares, maersk shipping, oil, oil and gas, oil commodities, oil company, oil consumer, oil demand, oil drop, oil gains, oil industry, oil inventories, oil market, oil markets, oil news, oil price, oil prices, oil production, oil range, oil refinery, oil spread, oil stocks, oil supplies, oil supply, oil trading, oil wealth, oilsupply, saxo bank, saxo tv, shipping, shipping companies, shipping industry, trading, tradingfloor.com

Switch to