EV is coming, and it’s going to be interesting. LIT seems to be the only ETF covering variety of battery-related stocks.
http://www.morningstar.com/etfs/arcx/lit/quote.html
Alternatively, one can create their own ETF, too.
Thoughts?
I agree on the thesis, but I’ve yet to see a stock in the category with strong revenue growth.
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I owned ALB, but sold to harvest the loss. I will re-enter in January.
Why not the ETF to diversify the risk/
That fund is not just lithium miners. It also has battery makers. And even though it bills itself as global, it’s missing the Chinese players that are only listed in mainland China.
I want a pure play lithium miner. So I just pick the biggest one. I may later on buy some smaller Chinese miners. Chinese government is strongly protectionist. I need to look into if the Chinese miners got some sweetheart deals.
Fair: