5 Best Stocks to Buy According to Ed Bosek’s BeaconLight Capital

1. Cheniere Energy, Inc. (NYSE:LNG)

BeaconLight Capital’s Stake Value: $29 million

Percentage of BeaconLight Capital’s 13F Portfolio: 13.48%

Number of Hedge Fund Holders: 65

Cheniere Energy, Inc. (NYSE:LNG) is an American liquefied natural gas (LNG) company that owns LNG terminals in Louisiana and Texas. The firm also owns pipelines that transport LNG from its terminals to interstate pipelines. The firm is headquartered in Houston, Texas.

Mr. Bosek’s hedge fund owned 218,590 Cheniere Energy, Inc. (NYSE:LNG) shares as part of its Q2 2022 investments. These were worth $29 million and represented 13.48% of its investment portfolio. Insider Monkey surveyed 895 hedge fund portfolios for this year’s June quarter to discover that 65 had held a stake in the firm.

Cheniere Energy, Inc. (NYSE:LNG) is one of the largest LNG companies in the world, and so far in 2022, 11% of all the gas in the world was produced by the company. The current strong demand for the clean fuel, particularly in Europe, is adding piles of cash to its income statement, and by the end of this year, Cheniere Energy, Inc. (NYSE:LNG) expects to rake in $9.8 billion in operating income. It also pays a 40 cent dividend for a 0.92% yield.

Cheniere Energy, Inc. (NYSE:LNG)’s largest investor in our database is Carl Icahn’s Icahn Capital LP which owns 5.6 million shares that are worth $746 million.

Disclosure: None. You can also take a look at 10 Best Gun Stocks to Invest In and 10 Best Cheap Technology Stocks To Buy.

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