Top Lithium Stocks To Watch
When it comes to lithium stocks, there are plenty of options to choose from at the moment. Lithium stocks relate to mining companies that look for lithium. This sector of the market has blown up in recent years, especially in the last year. Lithium-ion batteries are being used in so many electronics that the demand is very high. But one of the main drivers for this sector of the market is one you may be familiar with.
When you think of one of the largest growing automotive trends, what comes to mind first? More than likely, you will think of Tesla, the electric vehicle maker that has revolutionized the automotive world. Tesla, like many other electric automakers, uses lithium-based batteries in its vehicles. As you may know, TSLA stock price has exploded in price, and many analysts think it will push above $1000 per share. The demand for electronics at the moment has also never been higher. The pandemic has caused an electronics boom in the market.
Things like the new PlayStation and the new NVIDIA 3000 series GPUs have had shortages in stock as a result. This brings the lithium market up even more. Tech stocks, electric vehicle stocks, and mining stocks are all sectors that have performed extremely well in the last year. In a way, lithium is related to all of those sectors. So it is no surprise that lithium stocks are reaching record highs at the moment.
So you may be wondering, what should you check out before investing in lithium stocks? The stock price is important, but there are other things as well, such as world news, sector news, volume, market talk, and more. It can get confusing when decided which lithium stocks are the top to watch. So let’s highlight 4 lithium stocks that are performing well in the market.
Top Lithium Stocks To Watch
- Sociedad Química y Minera de Chile S.A. (NYSE: SQM)
- FMC Corporation (NYSE: FMC)
- Lithium Americas Corp. (NYSE: LAC)
- Livent Corporation (NYSE: LTHM)
Sociedad Química y Minera de Chile S.A.
The first lithium stock is Sociedad Química y Minera de Chile S.A. This company is a producer and distributer of lithium, plant nutrients, iodine, potassium chloride, and sulfate. It also offers industrial chemicals and more. Sociedad Química y Minera de Chile offers products under brands such as Ultrasol, Qrop, Speedfol, and Allganic. Many of its products are used for different types of films, batteries, etc. How has SQM stock and the company performed in 2021 so far?
As of January 15th, SQM stock price is at the highest its been since 2017. The boom in the usage of lithium is the result of SQM stock performing so well. Its stock price as of January 15th 2021 is $56.50 a share on average. In the last month, this mining stock went from $46 a share to $56 a share on average. This shows the true momentum that SQM stock has at the moment. That is why it has made it on to this list of lithium stocks.
Now let’s talk about FMC Corporation. This is an agricultural science company that sells a variety of products. The company participates in crop protection, plant health, and more. It also sells products like insecticides, herbicides, and fungicides for agricultural usage. FMC Corporation also offers other products in the biological range as well. FMC has been able to reach heights it has never seen before in the market. So let’s see what FMC stock’s recent performance is like in 2021 so far.
FMC stock price is currently at an all time high. As of January 15th, FMC stock is at $120.05 a share on average. Just like many other lithium stocks this one is booming. Just a month ago FMC stock was at $114 a share on average. FMC has announced that it will announce its fourth quarter earnings on Tuesday, February 9th 2021 after the stock market close. This is likely when we will see the next big update that could change the future of FMC stock as we know it at the moment.
Lithium Americas Corp.
Next up on this lithium stock list is Lithium Americas Corp. Lithium Americas is a resource company that explores for lithium deposits. The company currently holds interest in the Cauchari-Olaroz Project, Thacker Pass project, and more. These projects are located in Argentina and Nevada. This is another lithium corporation that experienced a lot of positive momentum in the last year. So where does LAC stock price stand in 2021?
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Recently, US regulators have approved Lithium Americas’ Nevada lithium mine. This was great news for the corporation. In addition to this, the company’s stock price is going up a lot. As of January 15th, LAC stock price is at $20.53 a share on average. In fact, LAC stock just reached a record high of above $22 per share on average. This shows the true momentum that this lithium stock has held in the market.
The final company on this list is Livent Corporation. This company manufactures and sells lithium batteries for usage in a variety of sectors. Livent also markets polymer and chemical synthesis applications. The operations for the company are done in North America, Latin America, Europe, Middle East, Africa, and the Asia Pacific. Livent sells lithium compounds to be used in applications such as lithium hydroxide for potteries. LTHM stock price has been going up, so let’s see where the stock is at currently.
Livent is another company that just reached a record high in stock price. LTHM stock price is at $22.48 a share as of January 15th at the close. In its last open 24 hours, it rose 3.64% per share. The company’s annual stockholder meeting is intended to take place via live webcast on Thursday, April 29th 2021 after the market close. That is the most recent update from this lithium company.
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