3 Battery Stocks That Could Be Multibaggers in the Making: February Edition
Albemarle(ALB) InvestorPlace·2024-02-20 06:35
Battery stocks play a critical role in the burgeoning EV revolution. Moreover, McKinsey’s’ forecast shows the battery market is expected to grow to a whopping $400 billion by 2030. This represents a hefty 30% bump from 2022, outpacing estimates and electrifying investor prospects.Amid a robust U.S. economy, the Federal Reserve’s current hold on rate cuts hints at a fertile ground for future investment opportunities. This holds particularly true in growth sectors, including battery technology.Moreover, the a ...