Why UBS Is Buying This Undervalued Marine Transport Stock

Stock pickers often have to decide whether they want to chase yield or growth in the market, but UBS analyst Spiro Dounis believes that he’s found a stock that has it all. In a new report, Dounis explains why tanker company Euronav NV (NYSE: EURN) represents the best of both worlds.

Double-Digit Yield

When it comes to yield, Euronav is in the top tier of the market. Dounis estimates that the company will pay out a greater than 13 percent yield in 2016 and sees the dividend as the top reason to own the stock. He points out that Euronav is the highest-yielder of all the tanker stocks and believes that the company is well-positioned to capitalize on a rally in tanker rates.

Undervalued

Discounted cash flow analysis indicates…

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