Hot Stocks: The 3 Best Opportunities for Investing in Batteries

Lithium is a key component of electric vehicle (EV) batteries, which have surged in demand in the past few years. This demand caused some of the best battery stocks to reach record highs in late 2022. However, lithium carbonate prices have fallen more than 64% over the past twelve months. An oversupply of rare earth minerals is one of the reasons prices reached new lows in 2023. The other reason is most likely related to the slowing demand for EVs.Still, battery stocks could make great long-term investments ...