Vine Strategy picks top 3 Lithium Stocks

Certain lithium producers continue to outperform in the market as demand for electric vehicles accelerates and supply is generated.

Growth of the EV sector is powering a demand for lithium, a key ingredient in electric vehicle batteries. The global lithium market is forecast to grow from around $4 billion in 2022 to $7 billion by 2028. It is these details that are promoting strong growth and higher stocks of lithium producers.

Over the last year, lithium stocks have been among the best performers in what has been a volatile market. The out-performance is expected to continue as electric vehicles continue to grow in coming years. Here are three great lithium stocks that any smart investor should be looking at.

• Albemarle
• Sociedad Química y Minera de Chile
• Lithium Americas

Albemarle

North Carolina-based Albemarle is the world’s largest provider of lithium for electric vehicle batteries. As such, investors wanting exposure to the lithium market need to consider taking a position in ALB stock. And it has proven to be a good investment.

SQM

Sociedad Química y Minera de Chile is a mouthful, so we’ll just call it SQM. The important thing for investors to know is that the shares trade on the New York Stock Exchange and are available for purchase.

Lithium Americas

LAC stock has been another outperformer. Over the last year, the share price of Lithium Americas has grown 62% to now trade at just under $25. Over the past five years, the stock has gained 619%.

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