5 Best Fuel Stocks To Buy Now

In this article, we discuss the 5 best fuel stocks to buy now. If you want to read our detailed analysis of these stocks, go directly to the 10 Best Fuel Stocks To Buy Now.

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

Number of Hedge Fund Holders: 49     

On October 25, investment advisory Morgan Stanley maintained an Overweight rating on Cheniere Energy, Inc. (NYSE:LNG) stock and raised the price target to $132 from $94, underlining that the firm had posted market-beating earnings for three quarters in a row and the stock has risen by more than 110% year-to-date. The firm operates as an energy infrastructure company with core interests in the LNG business. 

Cheniere Energy, Inc. (NYSE:LNG) recently signed a deal with Glencore under which the latter agreed to purchase LNG worth $800,000 metric tonnes per year for thirteen years beginning in 2023. The share price of the company jumped 2% after the deal was made public. 

At the end of the second quarter of 2021, 49 hedge funds in the database of Insider Monkey held stakes worth $2.9 billion in Cheniere Energy, Inc. (NYSE:LNG), up from 40 in the previous quarter worth $2.5 billion.