5 Best Rare Earth Stocks to Buy Right Now

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In this article, we will list the 5 Best Rare Earth Stocks to Buy Right Now. Please visit 8 Best Rare Earth Stocks to Buy Right Now if you would like to see the extended list and the methodology behind it.

5. Lithium Argentina (NYSE:LAR)

Stock Upside Potential: 19.26%

Number of Hedge Fund Holders: 8

Lithium Argentina (NYSE:LAR) is one of the best rare earth stocks to buy right now. On March 24, analysts at BMO Capital touted Lithium Argentina (NYSE:LAR)’s improving cost performance, which offsets the challenges of not achieving a battery-grade product. Consequently, the research firm raised its price target of the stock to $7 from $6 while reiterating a Market Perform rating.

According to the research firm, Lithium Argentina is benefiting from improving conditions in the Lithium market, which continue to support its cost profile. In addition, it should capitalize on battery applications that can leverage its technical-grade lithium.

5 Best Rare Earth Stocks to Buy Right Now

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BMO Capital is also confident that strong fundamentals will allow Lithium Argentina to secure funding for the Cauchari Stage 2 project in Jujuy province, Argentina. The project is expected to cost the company about $1 billion in combination with Ganfeng. The Updated Estimate at Cauchari-Olaroz, combined with Pozuelos-Pastos Grandes, represents the largest-scale and highest-quality lithium brine portfolios globally.

Lithium Argentina (NYSE:LAR) is a resource company specializing in the development and operation of lithium brine projects in Argentina’s “Lithium Triangle”. It produces lithium carbonate for electric vehicle batteries, primarily operating the large-scale Cauchari-Olaroz project in partnership with Ganfeng.

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