Jim Cramer Highlights Cheniere (LNG) Energy Partners’ 6.27% Yield

Cheniere Energy, Inc. (NYSE:LNG) is one of the stocks that Jim Cramer shared his take on. During the lightning round, a caller asked for Cramer’s thoughts on the stock, and he commented:

“Well, what I want you to do is I want you to own, because they [have]… done a lot of work. Cheniere Energy Partners with a 6.27% yield… It’s… cheap, and you got that yield. I think that’s a better play for you.”

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Cheniere Energy, Inc. (NYSE:LNG) owns and operates LNG terminals and supply pipelines. The company supports the production, transportation, and marketing of liquefied natural gas. During the July 28 episode, Cramer highlighted the stock and said:

“Next, you want some exposure to the companies that make it possible for our country to ship natural gas across the ocean. Now, these are the liquified natural gas plays, and this is what a lot of people are most excited about. The top dog in this space is Cheniere Energy, LNG is the symbol, which has been producing and exporting liquified natural gas from its Sabine Pass facility in Louisiana for nearly 10 years now, and also has a second working LNG facility in Corpus Christi, Texas.

Now, Cheniere is the largest LNG producer in the country and already sends a ton of its gas to Europe. It’s the obvious winner from this European trade deal, which is why its stock jumped over 3% or 1.4% today. I think it should have gone higher. It doesn’t mean it’s not done. If Europe really follows through, these guys could have a lot more business.”

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Disclosure: None. This article is originally published at Insider Monkey.