Prior to President Joe Biden’s State of the Union (SOTU) address, the bullish narrative for liquefied natural gas specialist Cheniere Energy (NYSE:LNG) seemed straightforward: an energized Donald Trump will beat out the unpopular Biden administration. However, recent political rumblings make this race unexpectedly tight. Nonetheless, on the geopolitical front, rising demand and reduced supply make LNG stock a potential Buy. Plus, its discounted earnings multiple doesn’t hurt. Therefore, I’m bullish on LNG stock.
Domestic Politics Makes Cheniere Energy Stock Interesting
With former South Carolina Governor Nikki Haley suspending her campaign for the GOP nomination, Americans will get another rematch between Biden and Trump. However, for the Democrats, this head-to-head collision presents a problem. Prior to the SOTU address, Biden accrued a worryingly high disapproval rating. However, this dynamic also presented a…
