20 Best Fast Growth Stocks to Invest In

Page 12 of 20

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

Quarterly Revenue Growth: 26.11%

Number of Hedge Fund Holders: 75

Cheniere Energy, Inc. (NYSE:LNG) ranks among the 20 best fast growth stocks to invest in. On June 30, Mizuho maintained its Outperform rating on Cheniere Energy, Inc. (NYSE:LNG) and raised its price target from $254 to $268. According to the firm, Cheniere’s recent report, which showed excellent positioning for growth and capital returns across a range of market conditions while executing cost-efficient expansions within the US LNG space, resulted in enhanced conviction.

Beyond the anticipated final investment decision on Midscale Trains 8 and 9, Cheniere Energy, Inc. (NYSE:LNG) surprised to the upside in terms of its run-rate output outlook once expansion and debottlenecking works are finished, projecting roughly 60-63 million tonnes per annum (mtpa), according to Mizuho.

While the firm notes that Cheniere’s capital allocation outlook appears extremely conservative, it also believes the company has a clear path toward about 75 mtpa of production by fiscal year 2030, supported by high-quality contracts.

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.

Page 12 of 20
1281292 - 11759070 - 1