This Stock Was Down 30% -- Here's Why I Bought (a Lot) More

Over the past few years, Chart Industries (NASDAQ: GTLS) has rewarded investors quite well. Shares are up more than 124% over the past three years and, since early 2016, have more than tripled in value. But over the past few months, investors have sold in droves, pushing shares down by 30% from the recent high of nearly $95 per share.

Moreover, there's certainly reason to be concerned that Chart's stock price could fall even more in the short term. Considering the international nature of its business, and how ongoing trade concerns between the U.S. and China could cause further harm to the global economy, investors are, if not worried, then certainly paying more attention.

Yet where Mr. Market sees weakness and uncertainty, savvy investors should see opportunity. That's because, even though there are very real concerns in the near term, with the U.S.-China trade war heating up and potentially undermining global economic growth, the longer-term prospects for Chart to profit from one of the biggest trends in global energy are simply enormous.

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Source Fool.com