3 Lithium Stocks to Keep an Eye On

Lithium Stocks LEXG, AMLM, LTUM


Lithium stocks have had a love-hate relationship with investors in the past year. This especially is true in regards to a slew of lithium penny stocks that have both made and lost tidy sums for speculative investors.

As complex as the lithium stocks story sounds to some, it’s actually pretty simple. Mainly because there are two major uses for this new, green energy technology. The first is the use of Lithium in Hybrid and Plug In vehicles. With the potential of rising oil and a commitment from the automotive companies, some industry experts feel that more than 50 million vehicles per year will be replaced by hybrid vehicles.

The second use for Lithium Ion batteries also hits home, and has to do with powering your good old laptop, and other portable electronic devices. Most consumers are looking for longer usage out of mobile products and lithium seems to be a solution to this issue.

Lithium Stocks Driven by Technology Advancements


Now, while many understand that worldwide demand for lithium could be on the rise in the near future, others feel that the the story is still a concept. Especially, in relation to lithium stocks, both micro cap and penny stocks. Many institutional investors often stay away from “concept stocks” in down markets. However, successful concept stocks are often in only in the 2nd or 3rd inning of their long term growth phase.

Today, we are going to look at three different names. All are super speculative penny stocks and should be viewed purely as trading vehicles just in case lithium stocks get hot again. Who knows. Maybe oil will go to $130 again ? Or perhaps we will see further demand for lithium in the Far East ?

For now, just add these three lithium stocks to your penny stock list. One industry based news story can change the sentiment for weeks. Here they are below:

lexg 3 Lithium Stocks to Keep an Eye OnLithium Exploration Group (LEXG:OB) LEXG was one of the biggest penny stock winners of the year, but it came crashing down after naked shorting and profit taking took over. The shares consequently never recovered. Much of the upward move was based on fluffy PR’s, but the stock does have a tremendous following and could be a go to name for spec traders if the sector gets hot.

 

american lithium amlm 3 Lithium Stocks to Keep an Eye On

 

American Lithium Minerals (AMLM.OB) Right now, American Lithium is as dead as a door knob. Back in April, shares spiked in sympathy of LEXG only to fall back to even lower levels. Watch this name at the 52 week lows. If lithium stocks somehow get hot again, there could be a nice opportunity in AMLM for high level percentage gains.

 

ltum lithium stocks 3 Lithium Stocks to Keep an Eye OnLithium Corporation (LTUM.OB) Shares of LTUM have recently been the best performer of the three. LTUM moved nicely on news of drilling at Cortez. This announcement only shows how little it takes to moves these stocks. As did AMLM, shares of LTUM also piggy backed the short term success of LEXG back in April. Out of these three lithium names, LTUM seems to be the furthest along on a fundamental basis and should be added to your watch list on a just in case basis.

Keep in mind that by no means are we saying to buy theses  at these levels, but they surely should be followed.

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LEXG

Lithium Exploration Group – LEXG.OB


lexg LEXGLithium Exploration Group Inc. (LEXG) is a junior miner that focuses on the development of possible lithium brines. LEXG has a presence in both Canada and South America. The company is hoping to take advantage of the increasing demand for lithium that is used in consumer products and green technologies.

Now, sometimes the best way to make money in penny stocks is just to catch one that is moving and try to hold on as long as possible. For instance, if you were lucky enough to buy shares of Lithium Exploration Group (LEXG:OB) in March, you have been handsomely rewarded. Remember, as we have said many times before, sometimes stocks just go higher for no other reason other than supply and demand. According, to Yahoo Finance, Lithium Exploration has a market cap of a little over $150 million. Despite recently issuing several positive PR’s, the company is losing money. LEXG has two foreign projects, the Valleyview Project in Canada and the Salta Project in Argentina.

According to the company, both sound promising and there is no doubting that “green technologies” seem to be hot right now. However, penny stocks often don’t evolve into hot penny stocks on fundamentals. They usually move on good old supply and demand. Now, LEXG looks incredible on a technical basis. Especially after seeing a series of higher highs. The question to ask yourself is pretty simple ? Did I miss it ? Or. Is LEXG going to make a run at $4. Whatever you answer is, LEXG should be added to your penny stocks list.

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Lithium Mining Companies

Lithium Stocks


There is little doubt that lithium could be the “mineral of the future.”  The demand for lithium is already high because of its use in cell phone batteries, laptops and most importantly car batteries for hybrids.

So how will this effect lithium penny stocks?

It is projected by the National Highway Traffic Safety Administration that hybrid cars will be 20% of the U.S. auto market by 2015 (keep in mind this is just the U.S.).

Deutsche Bank estimates that the lithium-ion battery market will hit $15 billion this year and $40 billion in the upcoming years.  This is all due to a surge in electric cars.

a123 systems Lithium Mining CompaniesA123 Systems plans to spend $2.4 billion to build factories to make enough lithium-ion batteries for approximately five million hybrid vehicles by 2013.lg chemical Lithium Mining Companies

LG Chemical will build 10,000 400 pound lithium-ion battery packs for the Chevy Volt in the first 12 months of production. The plant will eventually bang out 60,000 annually.

These are just a few car stories.  Mercedes, Nissan, Chrysler, BMW, Ford, Jeep and Chinese auto giant Hafei are all pumping out hybrids.  In total over 75 new hybrid makes will be available in the next year.

The demand for lithium is surging!!

“Going Green” seems to be trendy now.  Not only that, but people are getting turned off by high oil prices… especially in the summer driving season.  Economically hybrid cars are a no brainer.

Lithium made the news in a big way last month when there was a huge discovery by U.S. geologists in Afghanistan that could equal about $3 Trillion worth of what is being called the “new oil.”

The gas engine made petroleum the most in-demand commodity in the world.  Although it is going to be tough, the electric car definitely has the potential to do the same for Lithium.

Demand for Lithium is expected to grow 16 times with this surge in electric cars.  World Governments are investing billions into lithium production.

There are a few companies that are going to benefit from this boom.  We have profiled a few lithium penny stocks before and have seen decent gains.  Penny stocks are predominantly news driven.  Any one of these small cap companies has the potential to sign a huge contract that could potentially increase revenues by millions.  That could turn any junior miner into a force over night.

We are definitely going to see some speculative money going into small cap lithium companies.  We have seen penny stocks surge on huge contract signings.

Definitely keep lithium on your radar and watch for small cap companies that could benefit.

 

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