Cheniere Energy: Time To Buy The Drop - Cheniere Energy, Inc (NYSEMKT:LNG) | Seeking Alpha
Here is an interesting article on Cheniere Energy. I own the stock, and I plan to buy more on dips below $60 per share. Cheniere has done well to line up future contracts for LNG. The demand for natural gas will not be going away either. I wish I had bought and held Cheniere when it was selling at single digits.
The mystery of multi-bagger stocks is that they are always overpriced. You just have to believe in the future story. As for another multi-bagger, I can remember when Priceline (PCLN) was selling for just $5 per share, and it is now over $1200 per share with a PE of just 27.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment