5 Best-Performing Lithium Stocks for May 2023
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Lithium is a critical material for manufacturing batteries used in laptops, cell phones and electric vehicles, or EVs. With demand for all of these products surging, so is the demand for lithium.
Best lithium stocks
Below are the 5 best-performing lithium stocks that are members of the Solactive Global Lithium Index and trade on major U.S. exchanges, ordered by year-to-date performance.
In order to buy lithium stocks, you’ll need a brokerage account. Check out our roundup of the best online brokers for stock trading.
Sigma Lithium Corp.
Lucid Group Inc.
Stock data is current as of May 1, 2023, and is intended solely for informational purposes.
Lithium stock ETFs
Picking individual lithium stocks can be fairly risky. But investing in a lithium stock-heavy exchange-traded fund, or ETF, can give your portfolio exposure to lithium with less risk. Lithium ETFs include a basket of stocks related to the lithium industry. One of these ETFs is the Global X Lithium & Battery Tech ETF (LIT). LIT invests in companies that span the lithium production cycle, such as mining, refining and battery production.
If you want complete control over which companies you’re investing in, individual stocks, while riskier, may be more attractive to you.
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