Are you interested in the top lithium and battery stocks to buy now? Great! We are here to share Insider Monkey’s latest article with you. Since lithium batteries broke into the market, they have become the primary ones in use. It contains metallic lithium that is mined in South America, China, Australia and Chile. Their popularity stands to be extremely long-lasting, and they are used in wide range of products, such as smartphones, electric vehicles, or radio-controlled toy vehicles, just to name few. One of its most powerful use is in the Tesla cars, that has an extremely powerful battery charged by only electricity. As we go forward in the 21st century, lithium batteries demand will continuously grow, and actually it will increase to around 10 times between 2018 and 2030.
You must be eagerly curious to know which are the top stocks. Well, on the fourth spot we can find Energizer Holdings, Inc. (NYSE: ENR), with an amazing total value of hedge funds of $221 million. Is there anyone who hasn’t heard about this giant producing, marketing and distributing every household batteries? Their products can be found everywhere in the world, from patrol stations, through small shops to the largest supermarkets. The manufacture lighting products, and different batteries using lithium, nickel metal hydride, carbon zinc, alkaline, zinc air and silver oxide constructions. Mario Gabelli, the top hedge found holder owns over US$66 million stocks. Unsurprisingly, for the fourth quarter of 2020, the company is predicted to gain a strong growth, by a net sales of 6.1%. Energizer is followed by Enphase Energy, Inc. (NASDAQ: ENPH) on the second spot of the compilation. It can boast with a total revenue of hedge funds holdings of $1 billion. It’s a California based company that manufactures web-based monitoring control, home energy storage, home energy software-driven solutions spanning solar generation. Enphase Energy has 19% of US market share, and it will probably be growing, as the solar market for residential and commercial use will grow, too. Enphase had a total revenue of $178.5 million in the third quarter of 2020. To get the hottest information on this issue, please jumpt to the top lithium and battery stocks to buy now.
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