5 Best-Performing Lithium Stocks for December 2024

Looking for lithium stocks? Check out our list of the top performers.

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.


The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

Updated · 1 min read
Profile photo of Alana Benson
Written by Alana Benson
Lead Writer
Profile photo of Pamela de la Fuente
Assigning Editor
Fact Checked

What are lithium stocks?

Lithium stocks are publicly traded companies involved in mining, processing or working with lithium, a critical material for manufacturing batteries used in laptops, cell phones and electric vehicles (EVs). With demand for all of these products surging, so is the demand for lithium.

Best lithium stocks

Below are the five best-performing lithium stocks that are members of the Solactive Global Lithium Index and trade on major U.S. exchanges, ordered by one-year 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.

Ticker

Company

Performance (Year)

TSLA

Tesla Inc

41.38%

FREY

FREYR Battery Inc

34.42%

ENS

Enersys

9.47%

ALB

Albemarle Corp

-12.71%

ENVX

Enovix Corporation

-17.04%

Source: Finviz. Data is current as of market close Nov. 29, 2024, and is intended for informational purposes only, not for trading purposes.

Lithium stock ETFs

Picking individual lithium stocks can be fairly risky. But investing in a lithium stock-heavy exchange-traded fund (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.

Advertisement
NerdWallet rating 

4.8

/5
NerdWallet rating 

5.0

/5
NerdWallet rating 

4.6

/5

Fees 

$0

per online equity trade

Fees 

$0.005

per share; as low as $0.0005 with volume discounts

Fees 

$0

Account minimum 

$0

Account minimum 

$0

Account minimum 

$0

Promotion 

None

no promotion available at this time

Promotion 

Exclusive!

U.S. residents who open a new IBKR Pro account will receive a 0.25% rate reduction on margin loans. Terms apply.

Promotion 

Earn up to $10,000

when you transfer your investment portfolio to Public.

Learn more

Neither the author nor editor held positions in the aforementioned investments at the time of publication.
Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.
Nerdwallet advisors logo

Get a custom financial plan and unlimited access to a Certified Financial Planner

Illustration
Advertisement