Free Trial

3 Stocks Growing Their Businesses for 2023

3 Stocks Growing Their Businesses for 2023

Key Points

  • Cheniere Energy, with Russia cutting off natural gas supplies for Europe, Cheniere is well situated to be a supplier
  • Fair Isaac,  the company is expanding rapidly from its existing line of business, the well-known FICO score
  • ICF International, a small cap that is involved in four growing areas in government spending
  • Looking to export and analyze Cheniere Energy data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Kate’s guest today on The MarketBeat Podcast is Kirk McDonald, portfolio manager at Argent Capital Management. Today, Kirk has three stocks to discuss, all from different industries with different market caps.  He explains why each is a holding in his portfolio, and how investors should evaluate the business case.

At the end of the episode, Kirk shares how listeners can see all his ETF portfolio holdings, to get even more stock ideas

-Kirk’s first stock is Cheniere Energy (LNG ): With Russia cutting off natural gas supplies for Europe, Cheniere is well situated to be a supplier

-The company has the ability to grow its production significantly in the next few years

-Why revenue growth has been increasing since March of 2021, and that looks likely to continue

-For the last decade, Cheniere has been investing in liquefaction facilities, meaning export capacity is increasing, while also increasing cash flow and profit

-The company has been paying down debt rapidly

-Why you should think of Cheniere more like a utility or pipeline, rather than a traditional oil and gas name

-Why the explosive growth phase is just hitting this established company

-The second stock Kirk discusses is Fair Isaac (FICO): The company is expanding rapidly from its existing line of business, the well known FICO score

-Why positive pricing changes, along with the software strategy are helping the company grow revenue

-How lower mortgage applications are affecting earnings estimates, but mortgages are not the bulk of the company’s business

-Increased competition may be coming along, and what risk it presents

-Kirk’s last stock is government contractor ICF International (ICFI), a small cap that is involved in four growing areas in government spending

-Why Kirk expects this company to benefit from the Inflation Reduction Act

-How should investors allocate to smaller companies like ICF? Kirk looks at ways to balance market caps within his portfolio

-How barriers to entry give a company like ICF an edge

How to sign up for the Argent newsletter and learn more about the investment strategies

-www.ArgentCapital.com

To see the portfolio holdings and get more stock pick ideas:

-www.ArgentETFs.com

Let’s all become smarter investors together. Subscribe to the MarketBeat Podcast today.

Apple Podcasts - Spotify - iHeart - Overcast - Amazon - YouTube

Should You Invest $1,000 in Cheniere Energy Right Now?

Before you consider Cheniere Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cheniere Energy wasn't on the list.

While Cheniere Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Cheniere Energy (LNG)
3.8308 of 5 stars
$239.600.9%0.83%13.99Buy$261.93
Fair Isaac (FICO)
4.9925 of 5 stars
$1,421.540.4%0.01%55.59Moderate Buy$2,134.57
ICF International (ICFI)
4.5211 of 5 stars
$98.73-1.4%0.57%17.17Moderate Buy$128.20
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

Recent Videos

The Market’s Next Big Winners? Start Here
5 High Short Interest Stocks to Buy Before November
HUGE Upside Ahead: The Fastest Growing ETFs in the Market

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines