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GLNG - An Update Of My Top Idea For 2019 And Focus On Golar LNG
Golar LNG Limited
At the beginning of 2019 I chose the secular growth in worldwide production, transport, and usage of natural gas as my, "Top Idea for 2019". Most of these stocks have done well with the best, Teekay LNG (TGP) up 41%, and the average return a quite respectable +14%.
Source: Author
However, that average is being significantly pulled down by its major loser Golar LNG (GLNG), down 41% YTD. Thus, I thought it appropriate to focus on Golar in this "Top Idea for 2019" update. We need to