Navigator Holdings: Capital Recycling Lifts Valuation Beyond the Freight Cycle
Navigator Holdings (NVGS) is a cyclical shipping name where near-term freight moves matter, but the smarter trade is to own the story of capital recycling: disciplined buybacks, targeted vessel acquisitions and a strong cash buffer that together can re-rate the stock even if the freight cycle softens. Entry $24.80, stop $22.50, target $31.00 for a …