Lithium Americas Corp (LAC-T)

There's intense interest in lithium as the market seeks a reliable supply of it to help build EVs. LAC is a mid-cap, so it has some stability. Shares have been bouncing with a decent base at $25. Is set up for a near-term rally. Have a decent balance sheet.

The challenge with lithium is where it's located and who contols that. Namely, Chile just announced it will nationalized lithium (in the next few years). Yes, you want to be part of the EV play, but base metals aren't the way to do it. Albemarle, for instance, is too volatile.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good play for those looking to have a position in lithium. Positive fundamentals with the EV trend. However, it will move with the sector. Good for more aggressive sector investors with a longer time frame. Unlock Premium - Try 5i Free

Very speculative. It's a long-term lithium play. We will still buy e-cars, even though today's data showed a one-month drop in sales. LAC is another way to green your portfolio, like NFI-T. E-cars will be normal in 20 years. (Analysts’ price target is $12.68)

He does not like this company. Lithium is a good play, but does not see where it will be short supply. Copper is a better play longer term.

Part owner of a brine called Cauchari in Argentina. A joint venture they have done with SQM, probably the best operator of lithium brines globally. They recently completed a financing, both equity and debt, and offtake arrangements with a Chinese and Thai company. It was quite speculative, but no longer thinks it is. Enterprise Value is around $460 million, but could be well north of $1 billion in 2-3 years. It should be in operation by 2019. (Analysts’ price target is $1.70.)

All of a sudden there is a whole slew of interest on lithium, but thinks some of the stocks have gotten ahead of themselves. If you already own this, he would continue to Hold. The company has a particularly good project in Argentina, where there is a lot of lithium out of salt beds. They have done a joint venture with SQM out of Chile, one of the biggest players in lithium, which bodes really well for this company.