Jim Cramer’s List of 7 Energy Stocks for the Trump Trade

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

Number of Hedge Fund Holders: 62

Cramer called Cheniere Energy, Inc. (NYSE:LNG) the “best player” for liquified natural gas exports and said:

“Finally, with the new more fossil fuel-friendly administration coming in, I think it’s time to start thinking about the direct liquified natural gas export players. Again, we’ve liked them for a long time, probably we were the first to like them in the whole country and the best player’s the one we first recommended, which is Cheniere Energy. They were a first mover and have a nice lead when it comes to nat-gas exports actually happening right now. The stock traded sideways from the mid 2022 until the middle of this year but it’s gained a more or mere 15%, anyway you wanna look at it, since the election, reached new all time highs.”

Cheniere Energy (NYSE:LNG) plays a prominent role in the liquefied natural gas (LNG) infrastructure industry in the United States, particularly through its ownership and operation of major LNG terminals. As of September, the company reached a significant achievement with the production and loading of its 1,000th LNG cargo from the Corpus Christi LNG terminal. This cargo was delivered to Italy, marking a milestone in the company’s expanding export activities.

Since it began operations in 2016, Cheniere Energy (NYSE:LNG) has exported a total of approximately 3,720 LNG cargoes from both the Sabine Pass and Corpus Christi terminals. These shipments have been delivered to nearly 40 markets worldwide. In the third quarter and the first nine months, the company exported 568 TBtu and 1,723 TBtu of LNG, respectively, from its liquefaction projects.

While we acknowledge the potential of Cheniere Energy, Inc. (NYSE:LNG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LNG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure. None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.