15 Best Growth Stocks to Buy for the Next 10 Years

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

5-Year Revenue Growth: 11.15%

Number of Hedge Fund Holders: 75

Cheniere Energy, Inc. (NYSE:LNG) ranks among the best growth stocks to buy for the next 10 years. On July 15, Scotiabank reiterated its Sector Outperform rating on Cheniere Energy, Inc. (NYSE:LNG) while raising its price target from $250 to $261 on the company’s shares. Scotiabank credited Cheniere’s revised capital allocation strategy and price deck modifications for the price target hike.

The adjustment followed Cheniere’s medium-term outlook update in late June, which detailed a possible route to 100 million tonnes per annum (Mmtpa) of nameplate output and substantial cash flow generation prospects.

In addition to two new brownfield expansions, SPL Stage V and CCL Stage IV, Cheniere Energy, Inc. (NYSE:LNG) recently announced the final investment decision for its Midscale trains 8 and 9. These expansions would raise the company’s capacity to almost 73 Mmtpa.

Cheniere Energy, Inc. (NYSE:LNG) is an American provider of liquefied natural gas storage and transportation services. The company operates through its subsidiaries, which include Cheniere Marketing, LLC and Cheniere Energy Partners, L.P.