The U.S economy is on the mend and things are quiet in Europe. In addition, the Chinese government seems to be lifting its anti growth policies in response to Europe. All these factors spell a possible pick up in the global economy. At least that is what Wall Street hopes. Using that mentality, all eyes should be on a multi year beaten down sector, the shippers.

Just in the last few days, these stocks have started to inch higher. That is partly due to the January Effect but also due to the optimism on the global economy. In addition, the shippers have cut back on expenses, running their companies as smart as possible.

DHT Holdings, Inc. (Symbol:DHT) is a shipping stock that has recently turned back to being profitable. Below are the key reasons why DHT is a buy at $0.75 for a big move in January.

Keys
Profitable
Beautiful Chart Base (Bottom)
Weekly MACD Cross (Signals Upside)
Secondary Done At $4.65 (Stock At $0.75 Now)
January Effect Play
Economy Improving (Perception)
Stock At Lows (Bottom Play)

Target 1: $1.02
Target 2: $1.50

Other shipping stocks to watch: DRYS, GNK, EGLE, EXM