5 Best Lithium and Battery Stocks to Buy Today

Below we presented the list of 5 best lithium and battery stocks to buy today. For a more comprehensive list please see the top 11 lithium and battery stocks to buy right now.

5. Albemarle Corp (NYSE: ALB)

No of HFs: 27

Total Value of HF Holdings: $112 Million

Albemarle Corp is a North Carolina based fine chemical manufacturing company considered the largest electric vehicle provider of lithium.

The fund’s top hedge fund holder is Ken Griffin’s Citadel Investment Group which is also the top hedge fund holder of JCI. Billionaire Griffin had more than US$34 million invested in the stock at the end of September.

For the second quarter of 2020, the company reported a net income of US$86 million or US$0.08 per diluted share; adjusted earnings per diluted share of $0.86. They also reported net sales of $764 million, a decrease of 14%, in-line with Q2 2020 outlook.