Stock market sell-offs open up significant opportunities for long-term investors as many stocks are sold off just because of their short-term outlook. One stock that has significantly sold off is Amazon (NASDAQ: AMZN), and I've been increasing my position due to its weakness. Amazon has become much more than an e-commerce company. Read More...
Motley Fool
Why Lithium Americas, Livent, and Albemarle Stocks Fell Sharply on Tuesday
Tuesday is turning into a miserable day to own lithium stocks, as shares of Lithium Americas (NYSE: LAC), Livent (NYSE: LTHM), and Albemarle (NYSE: ALB) tumble in response to a negative report on lithium prospects from mining stock analysts at Goldman Sachs. As of 11:15 a.m. ET, Lithium Americas shares are down 3.5%, Livent is off 6.2%, and Albemarle is leading the whole sector lower with an 8.4% loss. Let’s start with the good news: According to Goldman Sachs, demand growth for lithium over the past few years has been “massive.”
