Jim Kramer’s famous words suggest that you can make money no matter what. Here are two strong tailwinds to take advantage of today

“There is always a bull market somewhere”: Jim Cramer famously says that you can make money no matter what. Here are two strong tailwinds to take advantage of today

Today, we are overwhelmed with inflation and fears of a recession. While these are real issues that will lead to the collapse of many companies, there is more to the story.

As Mad Money host Jim Kramer famously said, “There’s always a bull market somewhere.”

Even if you decide to stay away from some stocks, you can find opportunities in others. Below are two types of bull market and stock industries experiencing strong tailwind growth.

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The natural gas industry is firing on all cylinders

Natural gas is currently trading at around $10, more than 200% higher than last year.

This can be easily explained, as there are strong demand and supply forces at work. On the demand side, the growing LNG industry has opened the North American natural gas sector to strong global demand. According to the Energy Information Association, LNG exports are up nearly 20% this year.

Supply-wise, North American natural gas is the cleanest, cheapest, most abundant and most reliable. However, infrastructure limitations in North America have put pressure on supply, driving up prices.

Moreover, the supply of natural gas from other countries is not stably unreliable, which also leads to higher prices.

Chesapeake Energy Corporation (CHK)

This $13 billion oil and gas production company has assets in prolific basins such as the Haynesville, in eastern Texas and western Louisiana, and the Marcellus Basin, which stretches from upstate New York through Pennsylvania, West Virginia and Ohio.

Natural gas accounts for 85% of Chesapeake’s production – which is a huge positive given the rising state of the natural gas industry today.

Also, the company enjoys a prime location near the Gulf Coast, where there are several LNG terminals. In fact, there are more than two billion cubic feet of natural gas in the Chesapeake near the Gulf Coast LNG terminals.

This translates to a bright future, as the company works to secure its gas contracts for these LNG terminals. This will provide access to higher LNG prices as well as greater diversity.

Like most natural gas producers today, Chesapeake generates massive amounts of cash flow: Management expects to generate more than $9 billion in cash flow over the next five years. Last quarter, it generated $532 million in adjusted free cash flow — more than 50% higher than last year and the highest quarterly amount in its history.

Much of that cash flow will be returned to shareholders through dividends and stock buybacks, both of which are catalysts for raising the stock.

Digitalization trend is taking IT consulting firms to a higher level

As the benefits of digitalization become increasingly apparent, this trend is spurring a bull market in the tech world.

The banking industry, among other industries, is in a hurry to digitize. Handicapped by old tech platforms, banks see the writing on the wall. Digitization is essential to remain competitive. The banks are all in.

For example, Citigroup Inc. Its a Strong Growth Strategy. As Jonathon Lofthouse, Head of Markets and Enterprise Risk Technology, said, “Those companies that can digitize faster will create a competitive advantage.”

CGI Corporation (GIP)

This Canadian IT services consulting firm has established itself as a leading player with a strong global presence.

CGI has grown from a startup in 1976 to a $17 billion company today.

Within this space, the demand from financial institutions is strong and growing rapidly. CGI’s last quarter showed solid growth in most areas, with banking again making a comeback.

The company recorded strong revenue growth accompanied by a 14% increase in earnings per share.

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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