Lithium Demand Expected to Grow 20X by 2040. 3 Stocks to Buy Now
Albemarle(ALB) InvestorPlace·2024-02-23 03:30
Lithium stocks have been among the worst performers in 2023 and into 2024. As of this writing, investors are seeing many of the stocks of the big name lithium producers trading near 52-week lows. The issue is one of supply and demand. Lithium producers scaled production in early 2023 on anticipated demand for lithium-ion batteries, particularly in the electric vehicle (EV) market. But the EV revolution has hit a snag for several reasons. And that’s left that market oversupplied. Plus, a fickle economy has ...