Top 3 Long-Term Stocks to Buy According to Billionaire Carl Icahn

In this article, we will be taking a look at the top 3 long-term stocks to buy according to billionaire Carl Icahn. To read our detailed analysis of these stocks and Icahn’s investment insights, you can go directly to see the Top 6 Long-Term Stocks to Buy According to Billionaire Carl Icahn.

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

Icahn Capital LP’s Stake Value: $746,513,000

Percentage of Icahn Capital LP’s 13F Portfolio: 3.57% 

Number of Hedge Fund Holders: 65

Cheniere Energy, Inc. (NYSE:LNG) is an energy infrastructure company. It primarily operates in the US and focuses on the liquefied natural gas-related business.

Marc Solecitto, an analyst at Barclays, holds an Overweight rating on Cheniere Energy, Inc. (NYSE:LNG) shares as of August 16. The analyst also raised his price target on the stock from $160 to $186.

This August, Cheniere Energy, Inc. (NYSE:LNG) raised its outlook for the second half of 2022 after receiving a one-time payment of $765 million from Chevron. The company now sees 2022 EBITDA of $9.8 billion to $10.3 billion, compared to the previous figures of $8.2 billion to $8.7 billion. The outlook is also above the $8.85 billion consensus EBITDA estimate. Cheniere Energy, Inc. (NYSE:LNG) has also raised its distributable cash flow outlook to $6.9 billion to $7.4 billion, compared to $5.5 billion to $6 billion previously.

Cheniere Energy, Inc. (NYSE:LNG) was found in the 13F holdings of 65 hedge funds in the second quarter. Their total stake value was $2.4 billion.