8 Best Rare Earth Stocks to Buy Right Now

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6. Lithium Americas Corp. (NYSE:LAC)

Stock Upside Potential: 16.55%

Number of Hedge Fund Holders: 19

Lithium Americas Corp. (NYSE:LAC) is one of the best rare-earth stocks to buy right now. On April 20, Wedbush initiated coverage of Lithium Americas Corp. (NYSE:LAC) with a Neutral rating and a $8 price target. According to the research, the company’s flagship Thacker Pass project has evolved from a mining development project into a national security asset. That’s in part because the project boasts of the world’s largest known measured lithium resource.

Additionally, the Thacker Pass project is supported by a $2.23 billion Department of Energy Loan and a General Motors joint venture. According to Wedbush, 2026 will be a key year for the Thacker Pass build-out, given the favorable geopolitical backdrop for domestic lithium production.

Lithium Americas has made significant progress on the development of the Thacker Pass project, with a target for mechanical completion in 2027. Peak construction is expected in 2026 as Lithium Americas Corp positions Thacker Pass to play a central role in securing the US’s national security and future energy needs.

Lithium Americas Corp. (NYSE:LAC) is a North American-focused resource company developing the Thacker Pass lithium project in Nevada, which is the largest known lithium resource in the US. It aims to supply battery-quality lithium carbonate for electric vehicles and renewable energy, with a major project phase scheduled for completion around 2027.

While we acknowledge the potential of LAC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LAC and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Rare Earth Stocks to Buy Right Now.

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