This story was originally published here.
With so much attention paid to the novel coronavirus and the pandemic’s economic and geopolitical implications, multiple industries have fallen by the wayside in terms of visibility. But at some point, our modernized societies must turn back to the innovations and technologies that have driven them in the pre-pandemic era. Therefore, the case for battery stocks to buy is a compelling one.
First, although the global spread of Covid-19 had shuttered viable economies, our dependency on tech hasn’t diminished. In fact, you can make the argument that it has only accelerated. As a prime example, millions of white-collar workers in the U.S. suddenly found themselves operating from home. This may lead to overall higher demand for lithium battery stocks to buy as people ramp up usage of laptops, smartphones and other digital devices.
Second, demand for batteries doesn’t necessarily have to involve “serious” endeavors. With the lockdowns, billions across the globe had to find ways to fill the time. For developed and top-tier developing nations, many found solace in video games. And what powers modern wireless game controllers? In many cases, it’s lithium.
Another big development is the role of electric vehicles. To be fully transparent, I haven’t been the biggest fan of EVs. At the same time, consumer demand has steadily increased. Granted, the economics of EVs may take a hit, given that combustion-based vehicles will probably be sold at steep discounts due to the pandemic.
But in the long run, this is a space to consider, if have the stomach for potential volatility. Below are eight battery stocks to buy if you do:
Battery Stocks: Sociedad Quimica y Minera de Chile (SQM)
Typically, mining companies are not known for their stability. Admittedly, with the present economic crisis, the situation on paper doesn’t look good for Sociedad Quimica y Minera de Chile. Nevertheless, since hitting a bottom in the second half of March of this year, SQM stock has been steadily moving higher.
Although a risky bet, it still intrigues. First, shares are at a discount relative to this year’s highs. Also, there’s something to be said about the nature of the global economic downturn. As international benchmark indices suggest, were it not for the coronavirus, the investment markets could have moved higher all this time.
Fundamentally, SQM stock is incredibly relevant. As the leading producer of lithium, long-term demand should only increase. And as I mentioned above, the new normal has made lithium more in demand due to the devices it powers.
Editor's Note: Click here for the rest of the story.
65 Unique Ways ANYONE Can Make Extra Cash (Without Getting a Second Job)
Are you looking for great sources of real income, without having to get a second job?
Then keep reading, because author Neil George wants to send you his new book that profiles 65 simple ways to earn large amounts of work-free income.
…extra cash that you can collect ON TOP of your Social Security check…
…without messing around with crappy jobs. (Pizza delivery driver? No way.)
These are PROVEN cash-gushing strategies… the kind typically used by the wealthy elite.
And the best part…
Neil George has set aside copies of his book, Income for Life, and he’s willing to send you a hardback version today, ABSOLUTELY FREE (just pay shipping).
(Just 517 copies left, so click here to claim yours before it's ripped away.)
Here's just a sample of what you can find inside:
- Learn the secret of the $50,000 lump sum Social Security check. Seriously, it couldn’t be easier!
- Use what Neil calls the “F.H.A. Loophole” to get the government to pay your mortgage – PLUS receive hundreds in extra cash on top.(Page 217)
- Collect $100s for pictures in Old Family Photo Albums! Believe it or not, there is an easy way to turn your old artwork/photographs into $100 bills (certain businesses are desperate). (Page 297)
- Get paid every time your favorite song gets played on the radio! This little-known website allows you to tap into royalty payments every time your favorite song is played on the radio. Some lucky folks collect thousands of dollars a year! (Page 307)
- Pocket upwards of $197 PER HOUR simply by taking a walk through the woods in the fall… or $137 while visiting your favorite beach in the summer… and many, many more!
Needless to say, this book has become highly sought after.
So if you don't claim your free copy of Income for Life today, we'll send it to the person behind you in line…