5 Most Profitable Lithium Stocks Now

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In this article, we will take a look at 5 of the most profitable lithium stocks to buy now. To go through our analysis of the lithium industry and its impacts on the battery and EV sectors, go directly to the 11 Most Profitable Lithium Stocks Now.

5. Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Latest TTM Net Income: $2.96 billion

Number of Hedge Fund Holders: 24

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is a Chilean chemical company specializing in the production of plant nutrients, iodine, lithium, and industrial chemicals. Acknowledged as one of the world’s largest lithium producers, SQM predominantly operates in the Atacama Desert, spanning the Tarapacá and Antofagasta regions, capitalizing on the region’s abundant natural resources. The company supplies derivatives and carbonates for various applications, including batteries.

Insider Monkey’s Q3 2023 research indicates that 24 out of 910 hedge funds had investments in the company. The most significant hedge fund investment in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) within our database comes from Ken Griffin’s Citadel Investment Group, which holds shares valued at $70.96 million.

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