5 Best Lithium Stocks to Buy Now

3. Quantumscape Corporation (NYSE: QS)

No of HFs: 35

Total Value of HF Holdings: $1.84 Billion

Quantumscape Corporation ranks 3rd on our list of 11 best lithium stocks to buy now. QS is a startup company backed by Bill Gates and Volkswagen. The company develops and commercializes solid-state lithium-metal batteries for electric vehicles. The stock is down 29% year to date.

At the end of the fourth quarter 35 hedge funds in Insider Monkey’s database of 887 funds held stakes in Quantumscape Corporation, up from 14 funds a quarter earlier.