+ Reply to Thread
Results 1 to 12 of 12

Thread: Battery market?

  1. #1
    Join Date
    May 2018
    Posts
    131

    Battery market?

    The battery industry has so much room to grow. There is a huge demand for longer lasting cell phone batteries and battery powered cars are not going anywhere for the foreseeable future.
    I just bought some shares of ALB, a Lithium battery company that provides Tesla with materials. I know this isn't the best FA but the TA on the Weekly chart looks pretty strong.
    Any thoughts?

  2. #2
    Join Date
    May 2018
    Posts
    68

    Re: Battery market?

    You know what material battery-containing devices/cars use a lot more of? Copper. You know what growing economies use a lot of? Copper. You know what metal we already have a shortage of as opposed to may have a shortage of once EVs become commonplace? Copper

  3. #3
    Join Date
    May 2018
    Posts
    131

    Re: Battery market?

    Quote Originally Posted by BloodClaw View Post
    You know what material battery-containing devices/cars use a lot more of? Copper. You know what growing economies use a lot of? Copper. You know what metal we already have a shortage of as opposed to may have a shortage of once EVs become commonplace? Copper
    Alright, I’m convinced of a copper supply shortage in the near term, but what’s the investment play?

  4. #4
    Join Date
    May 2018
    Posts
    68

    Re: Battery market?

    Quote Originally Posted by Beatz View Post
    Alright, I’m convinced of a copper supply shortage in the near term, but what’s the investment play?
    There's a couple of copper based ETFs if you are looking for straight equity. CUPR and COPX are both available. The most direct way to get into it would be futures but I know most of us don't really trade those. FCX is the largest publicly traded miner and they're based in the US so you can strip out geopolitical risk while still betting on copper prices going up.
    Edit: I realized after I posted this that the ETFs I listed are actually ETNs, so it's worth considering if you should use those or not.

  5. #5
    Join Date
    May 2018
    Posts
    131

    Re: Battery market?

    If I think copper is going to have a supply crunch, how is QQQ related to that thesis?

  6. #6
    Join Date
    May 2018
    Posts
    65

    Re: Battery market?

    Investing in Lithium is not the best way to gain exposure to the battery industry. There are plenty of other materials used in lithium batteries (Nickel, Graphite, Cobalt**) that have a better investment outlook than lithium. This article gives a good overview of the situation.

  7. #7
    Join Date
    May 2018
    Posts
    131

    Re: Battery market?

    Quote Originally Posted by BigSmoke View Post
    Investing in Lithium is not the best way to gain exposure to the battery industry. There are plenty of other materials used in lithium batteries (Nickel, Graphite, Cobalt**) that have a better investment outlook than lithium. This article gives a good overview of the situation.

    I was looking for a good graphite ticker but can't find a strong one. GRPH is too low of a price point. Any suggestions?

  8. #8
    Join Date
    May 2018
    Posts
    65

    Re: Battery market?

    I just have a graphite mining company, but it's a penny stock

  9. #9
    Join Date
    May 2018
    Posts
    37

    Re: Battery market?

    $LIT is one I’ve been investing in for awhile.

  10. #10
    Join Date
    May 2018
    Posts
    65

    Re: Battery market?

    Quote Originally Posted by DwCLorck View Post
    $LIT is one I’ve been investing in for awhile.
    Same, and $FMC

  11. #11
    Join Date
    May 2018
    Posts
    131

    Re: Battery market?

    I can do some research but what drew you to LIT specifically?

  12. #12
    Join Date
    May 2018
    Posts
    37

    Re: Battery market?

    It covers lithium miners as well as battery producers. It is probably a little too deep into lithium mining honestly, but at least gives exposure to companies like Panasonic and LG.

Similar Threads

  1. Battery scam
    By igmeister in forum Retail Scams
    Replies: 1
    Last Post: 12-08-2016, 11:27 PM
  2. www.laptop-battery.sg - scam
    By davenwill in forum Mail Order Scams
    Replies: 2
    Last Post: 11-21-2011, 09:32 AM
  3. Laptop Battery Scam
    By dmbunster in forum Mail Order Scams
    Replies: 3
    Last Post: 11-10-2011, 12:33 AM
  4. Market 10/market10/Market Central de compras 10, S
    By imzune in forum Mail Order Scams
    Replies: 0
    Last Post: 09-29-2010, 10:51 PM
  5. RIGHT-WING BROWNSHIRTS USE ASSAULT & BATTERY
    By dchristie in forum Political Scams
    Replies: 5
    Last Post: 11-01-2006, 10:40 PM

Tags for this Thread

Bookmarks

Bookmarks

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may edit your posts
  •