We recently released a list 10 cheap rising stocks available now. In this article, we will look at the position of Euroseas Ltd. (NASDAQ:ESEA) against other cheap rising stock investments.
On May 2, U.S. stocks had their longest winning streak since 2004 as the United States and China showed willingness to hold trade talks. The wide market index rose 1.47%, which helped to eliminate losses since the Trump administration announced reciprocity tariffs on April 2.
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Trump told Time on April 22 that his administration reached a tariff agreement with China. The U.S. president also said he hopes to issue announcements on many other trade agreements over the next three to four weeks.
In an interview with NBC on May 2, the U.S. president said tariffs on Chinese imports will eventually be reduced:
At some point, I'll lower them because otherwise, you'll never be able to do business with them. They want to do business a lot…their economy is collapsing. ”
Jay Hatfield, founder and chief investment officer of Infracap, believes that tariff uncertainty is the most serious. He shared the following comments while talking to CNBC:
“As for the chaos of whether or not we really have negotiations with China, we think we have reached the peak tariff of tantrums, so it may be more positive than negative.”
A spokesman for China's Ministry of Commerce said the country is currently evaluating Washington's proposal to jointly start trade negotiations. Analysts see the statement as a subtle shift in Beijing's tone, which could open the door to negotiations on tariffs.
The stock market is also driven by the latest work data shared by the Bureau of Labor Statistics. The U.S. economy added 177,000 new jobs in April. While this is a slight decline from 185,000 jobs in March, the revenue is still stronger than the average rate of monthly job growth over the past three months, reflecting the resilience of the U.S. job market.
A large container ship sails on the high seas.
In this article, we filtered stocks with a return of 10% or more in the past 30 days by filtering, with a previous P/E ratio of less than 15, a lagging P/E ratio of less than 15, and a p/e ratio of less than 1 for p/b. From there we got 10 stocks from there and selected them at the lowest p/e ratio and ranked in the lower order. All data are the end of the business on May 5, 2025.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
30-day return: 24.45%
Forward P/E ratio: 2.21
Euroseas Ltd. (NASDAQ:ESEA) is engaged in shipping business and provides ocean transportation services worldwide.
On April 7, the company announced a new 2-year charter contract for its 1,800 TEU feeder container container ship M/V Monica, with a total daily fee of $23,500. The charter is expected to begin from the end of April to mid-May. Aristides Pittas, chairman and CEO of Euroseas Ltd. (NASDAQ:ESEA) said the charter could generate $12.1 million in EBITDA during the contract period and increase the 2025 lease coverage of the company's charter to 94%.
Earlier this year, Euroseas Ltd. (NASDAQ:ESEA) also announced the extension of the 3-year lease contract for M/V Rena P, its 4,250 TEU TEU intermediate container ship. The charter will begin in August this year and will be priced at $35,500 per day. EBITDA is expected to generate approximately $29 million during the contract period.
In March, Euroseas Ltd. (NASDAQ:ESEA) completed a derivative product of its subsidiary Euroholdings Ltd, which now shares under Nasdaq. After creating this new entity, Euroseas has a fleet of 22 ships.
Considering the low futures PE ratio and returns above 24% over the past month, Euroseas Ltd. (NASDAQ:ESEA) buys the list of cheap rising stocks right away.
Overall, ESEA Ranked first Of the 10 cheap rising stocks to buy right now. Although we acknowledge the potential of ESEA as an investment, our belief is that AI stocks have greater hope to provide higher returns and do so in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than ESEA but have less than 5 times its earnings, check out our report Cheapest AI stocks.
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Disclosure: None. This article was originally published in Internal monkey.