3 Oversold Lithium Stocks

Demand is growing and these stocks are cheap [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Investors should pay close attention to lithium stocks. For one, according to Exxon Mobil, “lithium demand will grow.” “What we’re seeing right now in lithium is the sentiment is bearish," says Exxon’s lithium global business manager, Patrick Howarth, as quoted by Bloomberg. “But underlying that is a demand growth story for EVs and the lithium-ion batteries that go into EVs. We know the world urgently needs more lithium than it’s producing today.” Exxon has also said the world urgently needs significantly more lithium than its producing. Two, with lithium mines closing or being delayed, supply will begin to dry up. Then, just as we saw in 2022, lithium prices will explode higher again when demand returns. Three, China’s Contemporary Amperex Technology could soon suspend some lithium mining and production operations, which is why lithium stocks jumped earlier this week. --------------------------------------------------------------- That being said, investors may want to consider jumping into oversold lithium stocks, such as: Company: Albemarle (SYM: ALB) After gapping from about $75 to $88 on the Contemporary Amperex Technology news, Albemarle is a long-term buy and hold. For one, it’s the lithium industry’s 800 lb. gorilla, which will strongly benefit from the eventual return of demand and diminished supply. Two, while investors wait for it to recover, they can collect its yield of 1.83%. --------------------------------------------------------------- Millionaire Publishing [STOP Trading Monday - Thursday]( According to legendary trader Tim Sykes, he makes most of his dough over the weekend. By placing just one simple trade at 2:59 pm on Friday, he's made $8,780... $9,518... and even $16,159 over the weekend! [>> Watch this 10 min video to see how.]( --------------------------------------------------------------- Company: Sociedad Quimica Y MInera (SYM: SQM) With a yield of 5.5%, SQM is another one of the top lithium stocks to buy on weakness. In addition, in its recent earnings release, the company’s EPS of 75 cents did miss by 25 cents. However, revenue of $1.29 billion did beat by $50 million. Plus, SQM saw record high quarterly sales volumes in lithium with 52,000 metric tons. --------------------------------------------------------------- Weiss Ratings [Banking Nightmare]( During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. We warned about 484 — an accuracy rate of 99.8%. Now, I have a new warning. But this time, it’s not just about a few hundred banks. It’s about nearly every single bank in America, whether large or small. A veritable banking nightmare! [This could impact over 100 million families in America. Here’s how to protect yourself …]( --------------------------------------------------------------- ETF: Amplify Lithium & Battery Technology ETF (SYM: BATT) Or, we can jump into an exchange-traded fund (ETF), like the Amplify Lithium & Battery Technology ETF (SYM: BATT). With an expense ratio of 0.59%, the BATT ETF provides exposure to global companies that develop, produce and use lithium battery technology — all for less than $10 a share. BATT ETF has 89 holdings, including Tesla, Albemarle and Sociedad Quimica. --------------------------------------------------------------- Marketbeat [7 Powerhouse Stocks to Buy and Hold Forever](Will this incredible market rally continue, or are we about to see a massive correction? Look, the honest answer is nobody knows. 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