Good morning,
Electric vehicles currently make up about 5% of new car sales in the United States. While they have received a lot of attention in the last several years, there is still a long way to go before American roads are dominated by electric vehicles. Tesla has gotten an early lead over established automakers, but the market is still anyone’s game. Ford has had an impressive showing with its F-150 Lightning and Mustang Mach-E. Rivian has produced some head-turning trucks. General Motors is finally starting to gain some ground. Yet, it’s just too early to tell which automakers will dominate roadways 20 years from now.
Fortunately, there is a way to bet on the electric vehicle mega-trend without having to pick winners. There is a major component that makes up a substantial portion of the weight of every E.V. on the road—lithium-ion batteries. A typical Tesla Model S contains than 1,200 pounds of lithium-ion batteries. The F-150 lightning has 1,800 pounds of batteries. Given that electric vehicles require a substantial amount of lithium to operate, betting on companies involved in the mining and processing of lithium seems like an obvious play.
There are currently more than 200 public companies vying to dominate the lithium trade. Many of these companies are smaller producers or international firms that trade on the over-the-counter exchange, or on international exchanges such as the Australian Stock Exchange or the TSX Venture Exchange in Canada. This can make it difficult to wade through them and find the lithium companies that have the best chance to see rapid growth and future success.
Thankfully, Wall Street's brightest minds have already done the work for us. Every year, analysts issue approximately 8,000 distinct recommendations for energy production companies. Analysts don't always get their "buy" ratings right, but it's worth taking a hard look when several analysts from different brokerages and research firms are giving "strong buy" and "buy" ratings to the same lithium stock.
We've created a report that details the 10 lithium companies that Wall Street's top-rated equities research analysts are telling their clients to buy. If you’re looking to make a bit in the lithium industry anytime in the next few months, chances are the company that you should buy is on the list.
The 10 Best Lithium Stocks to Buy Now
The DividendStocks.com Team
Today's Bonus Offer
How about one more live event? (Ad)
If you've been watching your emails this week - you have probably heard a thing or two about my brand new discovery: The $0.25 Cent Trade. And you might further know that Thursday was your last chance to see them… Well with the Beta Spots filling up so quickly… And the hard close out for those exclusive spots being tonight @ 11pm ET…
Reserved your front row seat early HERE!
When we talk about lithium, we're diving into the world of a super important metal that's all about powering up our lives, literally! Lithium is used in batteries that go into everything from your phone and laptop to electric cars. As more people and countries try to use less oil and gas to help the planet, lithium becomes like gold in the world of green energy. Let's check out why lithium stocks, or shares in companies that dig up, process, or use lithium, are getting so much attention:
-
Electric Cars are Zooming Ahead: Electric vehicles (EVs) are the future of cars, and they all need lithium batteries to run. Companies that make these batteries or get the lithium out of the ground are very interesting to investors. As more people buy electric cars, these companies could make a lot of money, which is why analysts are keeping a close eye on them.
-
Renewable Energy Needs Storage: It's not just cars; renewable energy sources like wind and solar power need batteries to store energy too. This means there's a big demand for lithium to make enough batteries to keep homes and businesses powered up even when the wind isn't blowing or the sun isn't shining.
-
Lithium is Hard to Get: Lithium might be super important, but it's not easy to find and get out of the ground. This makes the companies that can successfully mine lithium very valuable. Analysts love stocks in these companies because they have something everybody needs but not everyone can get.
-
New Tech Needs More Power: As technology gets more advanced, everything from drones to smart homes needs batteries. This pushes the demand for lithium even higher. Companies involved in lithium mining or battery production are poised to grow as technology advances.
-
Be Careful and Do Your Research: Even though lithium stocks can be exciting, investing always comes with risks. Some companies might not do as well as others, and the price of lithium can go up and down just like anything else people buy and sell. It's important to look into each company and think about the long term, not just what's popular right now.
In the big picture, lithium stocks are a way to invest in the future of energy and technology. But like any investment, it's key to learn as much as you can and maybe even talk to an expert before putting your money in. Remember, the goal is to power up your savings, not drain them!
If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.
If you no longer wish to receive email from DividendStocks.com, you can unsubscribe.
© 2006-2024 MarketBeat Media, LLC.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.
No comments:
Post a Comment