Based on the average brokerage recommendation (ABR), Lithium Americas Corp. (LAC) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Lithium Americas Corp. (LAC) concluded the recent trading session at $2.84, signifying a -0.7% move from its prior day's close.

The stock market has been on a tear lately, but not all stocks are sharing in the gains. A handful of industries and outlier companies are driving the broader market rally, while many other stocks have been left behind. Wall Street has severely punished some for failing to deliver this year, resulting in a few unfairly hated stocks. I see this as an opportunity. Stocks that are hated and trading at a discount today could be poised for a major rebound in the coming economic cycles. I believe in b

EV stocks have largely been depressed in the last 12 to 18 months. The fundamental reasons include macroeconomic headwinds, slower than expected EV adoption and competition. I can say with some conviction that several EV players will perish in the next few years on the back of cash burn and intense competition. However, fundamentally strong EV companies will survive and continue to grow at a healthy rate. It’s therefore time to separate the winners from the losers. Further, given the valuations,

As the world accelerates toward a greener future, lithium has become a cornerstone of the burgeoning electric vehicle (EV) market and large-scale battery storage solutions. With global EV sales surging and governments worldwide instituting aggressive carbon reduction goals, the demand for lithium is expected to skyrocket, making lithium stocks a compelling investment choice for forward-thinking investors. The current downturn in lithium prices reflects broader economic trends. However, as the EV

Diving into lithium stocks during these challenging times for the underlying market may seem audacious. Recent data from TrendForce showed a substantial dip in lithium prices last month, spurred by the downstream battery sector’s push to limit inventory. The demand for lithium salts has slowed substantially, and the short-term oversupply has resulted in the lowest prices of the year. Currently, the market sentiment towards lithium stocks remains bearish, making these stocks significantly underva

Small-cap growth stocks give investors an opportunity for exposure to some of the best stories at an early stage. Without a doubt, there is hesitation in taking a big plunge as the risk is high. However, even a small allocation of 10% to small-cap stocks can do wonders. The reason is the potential for 10x, 20x or 50x returns as the story matures. The focus of this column is on three small-cap stocks that have millionaire-maker potential. After more than a decade of investing, I can say that iden

I would never recommend that investors go overboard on high-risk stocks. At the same time, it’s important to remember that millionaires are not made by investing in low-beta stocks. For young investors, there needs to be some brave portfolio allocation that delivers multibagger returns in relatively quick time. Depending on the age of an investor and risk-taking ability, I would recommend 10% to 20% exposure to high-risk stocks. When I talk about risk, it does not imply speculative stocks. The i

The latest trading day saw Lithium Americas Corp. (LAC) settling at $2.58, representing a +1.57% change from its previous close.

Lithium carbonate is the essential rare earth mineral that technology companies and automakers alike leverage to develop batteries. The major tailwind that pushed lithium prices to all-time highs in 2022 was a surge in demand for electric vehicles (EVs) as well as intense competition in that space. Unfortunately, overproduction coupled with an EV market amidst a slump have caused lithium prices to plummet to lows not seen since the latter half of 2021. However, there are still some undervalued l