Costamare (CMRE): Buy the Near-Term Cushion, Beware the Medium-Term Headwinds
Costamare looks protected in the immediate window thanks to contract coverage, a steady dividend and balance-sheet metrics that keep downside limited. At the same time, six newbuilds, cyclical freight-rate risk and a stretched market multiple relative to shipping volatility argue for caution over the next 1-3 months. The trade: buy the bounce now f…