Call it the comeback kid. This stock's up 300+% in 5 years
Marco Polo Marine's stock is up 55% over the past 1 year, from 4.5 cents to 7 cents. In fact, it is at its highest in at least the past 5 years. The gain: 300+%.
It is the stuff of a good comeback story. If you don't know, Marco Polo suffered through 5 years of bleeding and huge debts. White knights rode to its rescue. Then came a multi-year rise in profit on industry tailwinds.
In particular, there is an emerging niche that Marco Polo's offshore support vessels have been serving -- transporting and supporting the installation of, large wind turbine components for the construction of offshore wind farms in Taiwan.
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