The picks-and-shovels approach to the LNG market that Chart Industries (GTLS)
offers has already delivered great results for long-term shareholders.
Up almost 70% in the past year and over 400% for the past five years,
Chart Industries has shown itself to not only be the real deal in terms
of offering leverage to LNG infrastructure growth, but smart about
picking and choosing its market opportunities.
Chart is not cheap
by any valuation approach I can come up with, but I don't think it will
get all that cheap until the outlook for LNG infrastructure growth slows
significantly… and I don't expect that to happen any time soon. I'm not
going to push the "valuation doesn't matter" angle as I like to
practice what I preach, but with the build out of LNG infrastructure in
the U.S. and Europe still in early days, it won't surprise me at all if
Chart continues to perform quite well.
Please follow this link to continue:
LNG Continues To Fuel The Chart Industries Story
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