5 Best Stocks to Buy According to Billionaire Carl Icahn

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

Icahn’s Stake Value: $1,164,301,000
Percent of Carl Icahn’s 13F Portfolio: 4.88%
Number of Hedge Fund Holders: 40

Cheniere Energy, Inc. (NYSE: LNG) is an energy infrastructure company involved in the liquefied natural gas business in the US. The company reported a consolidated adjusted EBITDA of $1.5 billion for Q1 of 2021 which is an increase of approximately 40% compared to the first quarter of 2020. The net income was reported to be $393 million or $1.56 per share for the quarter. The company has increased its full year 2021 EBITDA guidance to approximately $4.3-$4.6 billion due to improved market margins.

Cheniere Energy Inc’s revenue increased to $3.09 billion in the first quarter from $2.71 billion a year earlier. As the LNG industry is experiencing growth, Cheniere Energy, Inc. (NYSE: LNG) is capitalizing on this increased demand which is also reflected in the company’s strong financial performance for the quarter.