The Traderszone Network

Published in TZ Latest News 8 July, 2017 by The TZ Newswire Staff

Electric Cars: The Long-Term Trend That Makes Lithium Stock Albemarle a Buy

Electric vehicles (EVs) are rapidly growing in popularity. The transition away from gasoline-fueled vehicles to electrically powered ones promises to be a massive and long-term trend.

There are numerous potential ways to profit from this trend, but one of the best is to invest in the world’s largest lithium producer Albemarle Corp. (NYSE: ALB). Lithium is essential in making the lithium-ion batteries that are currently the battery type of choice for EVs and look to remain so for some time, though there are entities working on competing battery technologies.

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