7 Lithium and Battery Stocks for Big Growth – Investor Place

Battery for Car - 3D Rendering

EV companies rely on battery technology, making these battery stocks long-term buys

2020 became the year of electric vehicles (EVs) on Wall Street. Investors looking for the next Tesla (NASDAQ:TSLA) readily invested in businesses that had a “clean-energy” niche. As a result, the risk appetite in  battery shares also increased significantly, pushing these stocks to record highs in recent weeks. Today’s article introduces seven lithium and battery stocks that could be poised for further growth in the coming quarters.

According to recent research conducted by members of the Argonne National Laboratory in Lemont, Illinois, “The currently commercialized lithium‐ion batteries have allowed for the creation of practical electric vehicles, simultaneously satisfying many stringent milestones in energy density, lifetime, safety, power, and cost requirements of the electric vehicle economy.”

With that information, here are seven lithium and battery Stocks that could energize portfolios:

  • Albemarle (NYSE:ALB)
  • Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT)
  • Global X Lithium & Battery Tech ETF (NYSEARCA:LIT)
  • Lithium Americas (NYSE:LAC)
  • Livent Corp (NYSE:LTHM)
  • Plug Power (NASDAQ:PLUG)
  • Switchback Energy Acquisition (NYSE:SBE

To read full article, click here: https://investorplace.com/2021/02/7-lithium-and-battery-stocks-for-big-growth/

By Tezcan Gecgil, InvestorPlace Contributor