Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts have mixed opinions on the Horizons Global Lithium Producers Index ETF. While one expert warns of a 43% downturn due to changes in the lithium market, another sees it as a longer-term play with potential for growth as economies decarbonize. A third expert sees it as an interesting way to get exposure to lithium, suggesting a buy around $30 and a sell at $45. Overall, the ETF is seen as volatile with potential for future growth, but also subject to market changes and fluctuations.

Consensus
Mixed
Valuation
Fair Value
PAST TOP PICK
(A Top Pick Nov 15/22, Down 43%)

Longer term, this will probably balance out. But lithium market had significant changes in the last year, and that's why you keep tabs on your portfolio more than just once a year. Reduction in lithium prices due to weak demand and over-supply. Back away. 

Remember that these "explore" ideas are not "core". Smaller positions with stop losses.

E.T.F.'s
PAST TOP PICK
(A Top Pick Nov 15/22, Down 10%)

A longer-term play. Lithium prices have been done, but economies are decarbonizing (EVs). These cards need lithium, and this secular trend will continue. But lithium and this ETF will be volatile.

E.T.F.'s
HOLD

Does not own shares.
Interesting way to get exposure to Helium.
Good time to buy around $30.
$45 share price would be a good time to sell.


E.T.F.'s
WAIT
There are good underlying fundamentals and there is a good long term secular trend in demand for lithium. It is up now so hold off or buy in small amounts.
E.T.F.'s
TOP PICK
A uranium play. Sales of EVs are growing, and these cars demand lithium. There's not enough lithium, so prices will rise. China especially is adapting to EVs 6x faster than the U.S. HLIT charges no MER.
E.T.F.'s
BUY
Has a smaller market cap since it began trading this year. One of the biggest disruption is energy storage technologies. Whether that be nuclear, solar, wind, etc, need power storage. Lithium producers are hard to get your hands on since it is all over the world. An interesting product that will be driven by innovation.
E.T.F.'s
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Horizons Global Lithium Producers Index ETF (HLIT-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Horizons Global Lithium Producers Index ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Horizons Global Lithium Producers Index ETF (HLIT-T) Frequently Asked Questions

What is Horizons Global Lithium Producers Index ETF stock symbol?

Horizons Global Lithium Producers Index ETF is a Canadian stock, trading under the symbol HLIT-T on the Toronto Stock Exchange (HLIT-CT). It is usually referred to as TSX:HLIT or HLIT-T

Is Horizons Global Lithium Producers Index ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about HLIT-T. 2 analysts 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 Horizons Global Lithium Producers Index ETF .

Is Horizons Global Lithium Producers Index ETF a good investment or a top pick?

Horizons Global Lithium Producers Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons Global Lithium Producers Index ETF .

Why is Horizons Global Lithium Producers Index ETF 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 Horizons Global Lithium Producers Index ETF worth watching?

3 stock analysts on Stockchase covered Horizons Global Lithium Producers Index ETF In the last year. It is a trending stock that is worth watching.

What is Horizons Global Lithium Producers Index ETF stock price?

On 2024-02-27, Horizons Global Lithium Producers Index ETF (HLIT-T) stock closed at a price of $21.06.