In this article, we discuss the 12 best lithium and battery stocks to buy according to financial media. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Lithium and Battery Stocks to Buy According to Financial Media.
The global demand for batteries, and lithium batteries in particular, has been increasing over the past few years as the transition to electric vehicles and the increased reliance on energy storage pick up pace. According to a report by consulting firm McKinsey, the battery world will experience explosive growth in the next decade, growing to nearly 4.7 TWh in size by the end of 2030, reaching a value in excess of $400 billion and exhibiting an annual growth rate of around 30% beginning 2022, up from the previously predicted 25%.
This growth is likely to benefit large battery and lithium firms like Tesla, Inc. (NASDAQ:TSLA), Albemarle Corporation (NYSE:ALB), and Livent Corporation…
