Dry Bulk Shippers (DRYS, DSX, EXM) Continue To Rise

November 2, 2007 12:57 PM EDT
In the beginning of the week, dry bulk shippers including DryShips (Nasdaq: DRYS), Diana Shipping (NYSE: DSX) and Excel Maritime (NYSE: EXM) all fell when the dry baltic index fell in price. On Mad Money, Jim Cramer said that was a great buying opportunity and taking advantage of the dips is a great way to get in on a stock.

DryShips, Diana Shipping and Excel Maritime are all up as we close the week. If you believe in globalization and the importance of commodities then buy DRYS, DSX and EXM while they are still below their 52-week highs.

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