5 Biggest Lithium Stocks to Invest In

4. Sigma Lithium Corporation (NASDAQ:SGML)

Number of Hedge Fund Holders: 18   

Sigma Lithium Corporation (NASDAQ:SGML) engages in the exploration and development of lithium deposits. On January 23, investment advisory BMO Capital maintained an Outperform rating on Sigma Lithium Corporation (NASDAQ:SGML) stock and lowered the price target to $38 from $40. 

At the end of the fourth quarter of 2023, 18 hedge funds in the database of Insider Monkey held stakes worth $209 million in Sigma Lithium Corporation (NASDAQ:SGML), compared to 15 in the preceding quarter worth $102 million.