MarketBeat ‘Stock of the Week’: Livent set to dig out of a hole

Key Points

  • Livent is a fully integrated provider of a wide range of lithium products, with its primary offering being battery-grade lithium hydroxide used in EV batteries.
  • If shareholders approve the pending merger with Argentine lithium company Allkem, the deal will create the world’s third-largest lithium producer.
  • LTHM is the cheapest lithium pure-play available and is currently trading at 8x trailing earnings, which is about a 50% discount to the average stock in the materials sector.
  • 5 stocks we like better than Livent

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Already have an account? Log in here.

→ Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad)

Should you invest $1,000 in Livent right now?

Before you consider Livent, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Livent wasn't on the list.

While Livent currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Livent (LTHM)
1.9859 of 5 stars
$16.51flatN/A9.22Hold$21.93
Albemarle (ALB)
4.5706 of 5 stars
$135.46+3.0%1.18%49.26Hold$172.05
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

Search Headlines: