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Sociedad Quimica Y Minera (SQM-N)
NYSE:SQM
40.16
0.12
(0.30%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
The experts are highlighting the slow energy transition from fossil to renewable, indicating that lithium mining is progressing faster than expected in Chile. However, the demand for electric vehicles is not rising as quickly as anticipated. Despite the surplus of lithium, it is not being delivered to the market rapidly. The general sentiment is that the lithium market is currently at a low, presenting a favorable risk/reward opportunity for investors.
$48.110
Owned
Chemicals are doing well. He owns several chemical stocks, but not SQM. You may buy this for the litihum or fertilizer exposuire. You could step into this, and seasonally now is the time to buy fertilizer. Use the 150-day moving average of $52 as a stop loss. A good company. Pretty liquid.
He likes all the major lithium players. They grew 181% in the lithium division last quarter. Latin America was beaten up a little bit. It is about energy storage everywhere. There are 6 more giga-factories going up in China right now. (Analysts’ target: $36.00).
(A Top Pick Aug 8/14. Down 51.83%.) Phosphates in Chile. He was stopped out early when earnings came out about a year ago.
Fertilizer company in Chile. He wants this in order to diversify out of the North American economy. Well run company. Has been lagging for quite a while and this is a good entry point. Yield of 0.96%.
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Sociedad Quimica Y Minera(SQM-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Sociedad Quimica Y Minera(SQM-N) Frequently Asked Questions
What is Sociedad Quimica Y Minera stock symbol?
Sociedad Quimica Y Minera is a American stock, trading under the symbol SQM-N on the New York Stock Exchange (SQM). It is usually referred to as NYSE:SQM or SQM-N
Is Sociedad Quimica Y Minera a buy or a sell?
In the last year, 1 stock analyst published opinions about SQM-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sociedad Quimica Y Minera.
Is Sociedad Quimica Y Minera a good investment or a top pick?
Sociedad Quimica Y Minera was recommended as a Top Pick by on . Read the latest stock experts ratings for Sociedad Quimica Y Minera.
Why is Sociedad Quimica Y Minera stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Sociedad Quimica Y Minera worth watching?
1 stock analyst on Stockchase covered Sociedad Quimica Y Minera In the last year. It is a trending stock that is worth watching.
What is Sociedad Quimica Y Minera stock price?
On 2024-12-11, Sociedad Quimica Y Minera (SQM-N) stock closed at a price of $40.16.
The energy transition from fossil to renewable takes time. That's the reality. There's plenty of lithium in the world, but how quickly can we get it to market? The market was surprised by how quickly brine mining in Chile. Also, people aren't buying EV's as quickly as the market expected. Lithium is close to the bottom, so the risk/reward looks good.