Wall Street Favorites: 3 Lithium Stocks With Strong Buy Ratings for January 2024

Lithium stocks have taken a beating due to oversupply concerns and a slowdown in electric vehicle (EV) sales. But don’t give up on them yet. If the Federal Reserve cuts interest rates as expected, we could see a resurgence of EV sales and a massive comeback for some of the most trod-upon lithium stocks.In addition, I noted the following on Jan. 21.“With some lithium mines shutting down or reducing production we could see less supply. This could help stabilize prices and send lithium prices higher with deman ...