NEW YORK (TheStreet) --- Anadarko Petroleum (APC), Golar LNG (GLNG), Teekay LNG Partners (TGP), DryShips (DRYS), DHT Holdings (DHT) and Cheniere Energy (LNG) are LNG-related stocks that could outperform broader indices.
Goldman Sachs has almost doubled its liquefied natural gas (LNG) demand growth forecast on the back of higher consumption by Japan and northwest Europe. The investment bank expects global LNG demand to rise by an average 2.9 billion cubic feet a day this year, up from the earlier forecast of 1.5 bcf, outweighing future supply increases.
Strong demand and concerns over nuclear energy could be drivers for natural gas as the IEA forecasts natural gas prices to average $5.5 per million Btu in Europe and $11.5 per million Btu in Japan.
These six stocks have mean buy ratings of 60% with an upside potential of up to 86%, based on analysts' average 12-month price targets.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV