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Lithium Stocks

Where is the next big opportunity for retail investors? Which stock or ETF can you put some money into and see a massive return in 5, 10, 15 years? Today we will discuss one serious contender for this type of investment.

Are lithium battery stocks a good investment?

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Hello Lithium Batteries

Over the past couple of years we have seen the rise of the electric vehicle (EV) and how people are going crazy over them. Most notably of course is Elon Musk’s Tesla. Tesla has changed the world as we know it. 

Tesla has proven that the electric vehicle business model works! If you had to take a guess what kind of battery powers these electric vehicles, I hope you would have guessed lithium.

Lithium batteries are cool! They are the new shiny toy in the playpen. Everyone likes lithium batteries. Compared to normal batteries, lithium batteries can be charged hundreds of times without affecting the performance of the battery. They can store more energy. They can produce energy at a greater output. They charge faster. They weigh less. And finally with their longer life span, they save you money! Who doesn’t want to save money?

lithium ion battery lithium stocks example displayed

The Future of Lithium Batteries

Today in 2021 the world has become a more conscious world. Many companies and organizations have the sole purpose of making the world a better place. The environment is one of those crucial topics that has gained a lot of attention over the past few years. 

What can be done to help the environment? A big picture thought is to exchange all 1.5 billion petrol cars in the world into electric cars. How long will it take? 10, 20, 30 years? 

If you can take a moment to think about how life will be in 2050, what do you see? All jokes aside, I think I see a lot of electric cars roaming around. How will these electric cars be powered? Yes, lithium ion batteries. If you are a long term investor and you see this same vision, then you must consider investing in lithium stocks. 

Where Else Are Lithium Batteries Used?

I have no doubt that some of our readers are petrol heads and they will never let go of their V8 turbo diesel engine. To a certain extent, I understand why that might be the case. But let us convince you in another way why lithium stocks are a good option. 

Electric cars are not the only way lithium batteries will take over the world. Lithium batteries have a ton of other impactful uses. Here are other billion dollar markets that revolve around lithium batteries. Emergency power backup and UPS (uninterruptible power supply), reliable & lightweight marine performance, solar power storage, surveillance or alarm systems in remote locations, mobility equipment, and portable power packs that eliminate downtime.

The Big Players In The Lithium Industry

At this point in reading, you must be asking, who are the companies that run the show in the lithium world? I will save you some time looking for those companies. Here are four publicly listed companies that are hot commodities in the lithium world right now. 

Piedmont Lithium (NASDAQ: PLL) 

According to their website Piedmont Lithium is developing a world-class integrated lithium business in the United States, enabling the transition to a net zero world and the creation of a clean energy economy in America.

Lithium Americas Corp (NYSE: LAC) 

According to their website Lithium Americas Corp. is a Canadian-based company that is advancing the Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium project in Nevada, USA to production.

EnerSys (NYSE: ENS) 

According to their website EnerSys is the industrial technology leader serving the global community with mission critical stored energy solutions that meet the growing need for energy efficiency, reliability and sustainability.

Albemarle Corporation (NYSE: ALB)

According to their website Albemarle is a leading global producer of Lithium, Bromine and Catalyst solutions. They think beyond business-as-usual to power the potential of companies in many of the world’s largest and most critical industries, such as energy, electronics, and transportation.

Invest In Lithium Stocks Today

Now that you know more about lithium batteries, and what a lithium stock is, how can you invest in lithium stock? In today’s world it is easy to open a brokerage account and trade almost anything you can think of across all financial markets. We love to encourage our readers to do their own research and to continue reading to figure out if investing in lithium stocks fits their risk appetite and more importantly their overall portfolio. Lithium stocks could be a great way to diversify your current portfolio into something that is more long term. Lithium stocks are definitely considered as ‘stocks to buy’ and the time is now. 

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