3 Battery Stocks That Could Be Multibaggers in the Making: March Edition

InvestorPlace03-29

With the global mission and directive to go green, these battery stocks will be winners. QuantumScape Corp. (QS): The company is already starting to ship its initial trial version of a prototype solid...

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(QS): The company is already starting to ship its initial trial version of a prototype solid...</p>\n\n<a href=\"https://investorplace.com/2024/03/3-battery-stocks-that-could-be-multibaggers-in-the-making-march-edition/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Battery Stocks That Could Be Multibaggers in the Making: March Edition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Battery Stocks That Could Be Multibaggers in the Making: March Edition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-29 04:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/03/3-battery-stocks-that-could-be-multibaggers-in-the-making-march-edition/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the global mission and directive to go green, these battery stocks will be winners.\nQuantumScape Corp. (QS): The company is already starting to ship its initial trial version of a prototype solid...</p>\n\n<a href=\"https://investorplace.com/2024/03/3-battery-stocks-that-could-be-multibaggers-in-the-making-march-edition/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RUN","symbol_name":"Sunrun Inc.","start_time":0,"source_url":"https://investorplace.com/2024/03/3-battery-stocks-that-could-be-multibaggers-in-the-making-march-edition/","article_id":"2423112659","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2423112659","pubTimestamp":1711657800,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Don't view battery stocks as boring investment ideas because with global leaders fighting to go green, they’ll see demand.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RUN":"Sunrun Inc.","BK4519":"光伏太阳能","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","PSQ":"纳指反向ETF","QQQ":"纳指100ETF","BK4561":"索罗斯持仓","QLD":"纳指两倍做多ETF","LU1978683503.SGD":"Blackrock Sustainable Energy A2 SGD-H","ENPH":"Enphase Energy","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","TQQQ":"纳指三倍做多ETF","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","BE":"Bloom Energy Corp","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","ICLN":"iShares S&P Global Clean Energy","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4124":"机动车零配件与设备","BK4548":"巴美列捷福持仓","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4541":"氢能源","LU1548497426.USD":"安联环球人工智能AT Acc","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4540":"固态电池",".IXIC":"NASDAQ Composite","SPWR":"SunPower","BK4109":"特种化学制品","QS":"Quantumscape Corp.","SQQQ":"纳指三倍做空ETF","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4585":"ETF&股票定投概念","FDN":"First Trust Dow Jones Internet I","LU0124384867.USD":"贝莱德新能源基金A2","BK4147":"半导体设备","FSLR":"第一太阳能","ALB":"美国雅保","LU1861214812.USD":"Blackrock Future of Transport A2 USD","QID":"纳指两倍做空ETF","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0444971666.USD":"天利全球科技基金","BK4588":"碎股","SEDG":"SolarEdge Technologies, Inc."},"translate_title":"3个电池股可能是多袋正在形成：3月版","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALB":1,"ICLN":1,"FSLR":1,"ENPH":1,"QS":1,"RUN":1,"SPWR":1,"SEDG":1,"BE":1,".IXIC":0.9,"FDN":0.9,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"With the global mission and directive to go green, these battery stocks will be winners.\nQuantumScape Corp. (QS): The company is already starting to ship its initial trial version of a prototype solid-state battery to customers.\nAlbemarle (ALB): “A recovery isn’t yet in sight, but one will have to come eventually,” says The Wall Street Journal.\niShares Global Clean Energy ETF (ICLN): It never hurts to diversify with top green names.\n\n\n\n\n\n \n\nSource: MarySan / Shutterstock\n\n\n\nInvestors may argue that battery stocks are some of the most boring investment ideas. But with global leaders fighting for millions to go green, batteries play an essential role with renewable energy. \n“Batteries are crucial in the global economy transition with their ability to maintain a balance between supply and demand within the power system,” according to Know How. “In the use of renewable energy sources, batteries enable utility providers to gather extra electricity and store it for periods when the solar panels and wind turbines are not working the most efficiently (the sun is not shining or wind is not blowing).”\nAnd in the U.S., the Biden Administration announced that up to $3.5 billion from the Bipartisan Infrastructure Law would be used to boost production of advanced batteries and battery materials. With demand only expected to grow with the green energy boom, investors may want to pay close attention to battery stocks.\nQuantumScape Corp. (QS)\nSource: Piotr Swat / Shutterstock.comKeep an eye on oversold shares of QuantumScape (NYSE:QS). After diving to $5.50, the stock is just starting to pivot higher, last trading at $6.22. \nIn addition, analysts at Baird just raised their price target to $8 from $5, with a neutral rating. The firm noted that new CEO Dr. Siva Sivaram will be instrumental in helping the company achieve commercial scale production. Also, the company’s solid-state batteries could help cool electric vehicle (EV) range anxiety and help kickstart interest in EV sales.\nThe company is already starting to ship its initial trial version of a prototype solid-state battery to customers, which was a major goal for QS. \n“The Alpha-2 shipments represent an important milestone on our path to commercialization,” said Dr. Siva Sivaram, president and CEO of QuantumScape. “We are very encouraged by the initial Alpha-2 performance results and excited about the first QSE-5 cells we expect to manufacture later this year.”\nAlbemarle (ALB)\nSource: IgorGolovniov/Shutterstock.comWe can also look at Albemarle (NYSE:ALB), which is showing big signs of life again.\nAfter dipping to a low of $110, the lithium giant is back to $128, and could refill its bearish gap around $140, near term. Additionally, Oppenheimer analyst Colin Rusch now has an outperform rating on the ALB stock with a $188 price target. Also, ALB is still inexpensive at 9x earnings, 1.61x book, and yields about 1.34% at the moment.\nWe also have to consider that lithium prices have fallen too much to cover the cost of supply needed for EVs, says The Wall Street Journal.\n“A recovery isn’t yet in sight, but one will have to come eventually. Lithium prices are now too low to justify a chunk of today’s ore extraction in Australia and China, let alone investment in new production necessary to feed expected growth in the EV market. That is setting up the conditions for a shortage and rally,” they added.\niShares Global Clean Energy ETF (ICLN)\nSource: shutterstock.com/bangolandOr, if you want to diversify at low cost, there’s the iShares Global Clean Energy ETF (NASDAQ:ICLN).\nWith an expense ratio of 0.41%, the ETF invests in more than just battery stocks. It also offers exposure to companies that produce energy from solar, wind, and other renewable sources. So, a little bit of everything. Some of its 102 holdings include First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge (NASDAQ:SEDG), Sunrun (NASDAQ:RUN), Bloom Energy (NYSE:BE), and SunPower(NASDAQ:SPWR).\nAt the moment, the ICLN ETF trades at just $14 a share. From here, with growing green energy demand, and potential rate cuts from the Federal Reserve, I’d like to see the ICLN ETF climb back to $18 over the rest of the year. Moreover, the Biden Administration just committed about $6 billion toward cutting emissions from some of the nation’s top sectors.\n“Together, the projects are expected to prevent more than 14 million metric tons of carbon dioxide emissions annually — equal to the savings of getting 3 million gasoline-powered cars off the roads for a year,” reported TheHill.com.\nAll of this should be beneficial for many of the ICLN ETF’s holdings.\nOn the date of publication, Ian Cooper did not hold (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nIan Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.Battery, Energy, Lithium, Renewable Energy, Solar, WindGrowth Stocks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/03/3-battery-stocks-that-could-be-multibaggers-in-the-making-march-edition/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2423112659"}