The 2025 Millionaire's Club: 3 Battery Stocks to Buy Now

Core Insights - The electric vehicle (EV) market is driving significant attention and profits towards battery stocks, with certain companies poised for impressive growth and returns for investors [1][2] Group 1: Freyr Battery (FREY) - Freyr Battery is an emerging player in the EV battery sector, reporting a net loss of $28.7 million in Q1, which is an increase from a net loss of $12.7 million year-over-year [4] - Despite the losses, Freyr beat earnings estimates with a net loss of $0.20 per share compared to an expected loss of $0.24 per share, indicating positive management outlook [5] - The company plans to commence production of unit cells utilizing its CQP and SemiSolidTM technology, which is expected to drive significant growth [6] Group 2: Albemarle (ALB) - Albemarle is one of the largest lithium suppliers globally, with its market share increasing from 16% two years ago as demand for lithium rises with the popularity of EVs [8] - The company reported a net income of $2 million in Q1, maintaining a steady profit despite the volatility in lithium prices [10] - Albemarle is considered a relatively safe investment option due to its stable profit margins and potential for growth as EV production increases [10] Group 3: Panasonic Holdings Corp. (PCRHY) - Panasonic Holdings Corp. is a major player in the EV battery market, known for its partnership with Tesla in the production of Gigafactory 1 in Nevada [13] - The company is expanding its production capacity in the U.S. and Japan to meet increasing demand from Tesla and other EV manufacturers [14] - Panasonic's commitment to expanding its battery supply capabilities indicates a strong growth trajectory in the EV battery sector [14]