Top Lithium Stocks To Consider - August 23rd

Key Points

• Exxon Mobil, Rio Tinto, Albemarle, SolarEdge Technologies, QuantumScape, Enovix, and Sociedad Quimica y Minera are highlighted as key lithium stocks to watch due to their involvement in the lithium supply chain for electric vehicles and renewable energies.
• These companies have shown the highest dollar trading volume among lithium stocks recently, indicating strong market interest and potential growth in this sector.
• Investors are increasingly buying lithium stocks to gain exposure to the growing demand for clean-energy technologies, particularly in electric vehicles and energy storage systems.

Exxon Mobil, Rio Tinto, Albemarle, SolarEdge Technologies, QuantumScape, Enovix, and Sociedad Quimica y Minera are the seven Lithium stocks to watch today, according to MarketBeat's stock screener tool. Lithium stocks are shares of companies involved in the exploration, extraction, refining or processing of lithium—a critical metal used in rechargeable batteries for electric vehicles, consumer electronics and grid storage. These equities can include lithium miners, chemical processors and battery manufacturers whose revenues and profits closely track global demand for clean-energy technologies. Investors often buy lithium stocks to gain exposure to the fast-growing markets for electric vehicles and renewable energy systems. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Read Our Latest Research Report on XOM

Rio Tinto (RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

Read Our Latest Research Report on RIO

Albemarle (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.

Read Our Latest Research Report on ALB

SolarEdge Technologies (SEDG)

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

Read Our Latest Research Report on SEDG

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Read Our Latest Research Report on QS

Enovix (ENVX)

Enovix Corporation designs develops and manufactures silicon-anode lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.

Read Our Latest Research Report on ENVX

Sociedad Quimica y Minera (SQM)

Sociedad Química y Minera de Chile S.A. operates as a mining company worldwide. The company offers specialty plant nutrients, including sodium potassium nitrate, specialty blends, and other specialty fertilizers under Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, ProP, and Prohydric brands. It also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders.

Read Our Latest Research Report on SQM

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