Did Jim Cramer Nail All These 9 Stock Predictions?

5. Cheniere Energy Inc. (NYSE:LNG)

Number of Hedge Fund Holders: 70

Cheniere Energy Inc. (NYSE:LNG), a major U.S. exporter of liquefied natural gas, was also discussed during the lightning round. Cramer gave it a firm thumbs-up, referencing favorable political dynamics that benefitted established LNG exporters, saying:

“I’ll give you my blessing. I think LNG is terrific. I do believe that because the president has decided to – let’s just say put things on hold for others – this guy’s a winner so let’s buy it.”

Cramer’s bullish prediction was accurate, with the stock climbing 48.43% over the past year.

Cramer remains a big fan of Cheniere Energy Inc. (NYSE:LNG). Here’s what he said about the stock in January this year:

“Cheniere’s been an unbelievable story. I remember when Cheniere was at two bucks. I mean cause what happened is this that we ended up having reverse all the pipes when Cheniere started natural gas we were importing. Then it turned to an export. Look they’re not making, they have revenue, revenue downstream.

“Well if you wanna play on what the President is saying about how we can weaponize it, weaponize the natural gas, this is it.”