5 Best Cobalt Stocks To Buy For 2021

2. Clean TeQ Holdings Limited (ASX: CLQ.AX)

Clean TeQ Holdings Limited (ASX: CLQ.AX) is an Australia-based company that offers metal recovery and industrial water treatment services. The firm provides cutting-edge technology for the extraction and purification of base and precious metals, as well as radioactive elements, such as uranium. It also has interest in the mining of nickel that can be used to produce cobalt. The company ranks second on our list of top 10 best cobalt stocks to buy in 2021. 

The company has a market cap of close to $200 million and has more than $22 million in earnings every year. Earlier this year, the chief of the company bought hundreds of thousands worth of shares in the firm, signaling that he thought the stock was undervalued. The stocks are one of the best options in the cobalt market. Since the metal is important for new technology, there is plenty of potential for growth.