This might come to you a surprise, but only 50% of stocks above $2 are trading below their 200-day moving averages. I mean, the Dow Jones broke its 50-day MA… and to add even more fuel to the fire, stocks have been choppy for months.
But lucky for us, the solar sector is starting to shine bright…
It’s been neutral or bearish for the majority of 2021. If you look at the Global X Lithium & Battery Tech ETF (NYSEArca: LIT), you’ll find it’s been hovering just a smidge below all-time highs!
With electric vehicle adoption at a major turning point, lithium stocks are likely to have a multi-year tailwind…
That’s why I’m giving away some of the best lithium stocks to invest in this fall.
The 2 Best Lithium Stocks to Invest in This Fall
Standard Lithium Ltd. (NYSEAmerican: SLI) is a technology and lithium development company that tests and proves lithium extractions from over 150,000 acres of permitted brine operations.
SLI has a one-year return of about 432%, so it’s a no-brainer why I have a price target of $9 per share on the stock over the next three months — and why it’s one of the best lithium stocks to invest in this fall.
Check out my short video below to learn more about what SLI has to offer investors and get the next best lithium stock on my list.
Both of these picks are trending once again and set to outperform the broader market. Even if we remain congested or experience a correction — which isn’t too far behind if momentum levels continue to decline — this sector should continue to move higher.
It might even be the only sector to provide protection against bearish bias.
That’s mostly because lithium stocks tend to be small, so they don’t have much correlation to the overall market like large caps do.
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