Free Trial
→ “This Changes Everything” - Trump Hands Millions Massive IRS Gift (From Colonial Metals) (Ad)

MarketBeat ‘Stock of the Week’: Livent set to dig out of a hole

Written by MarketBeat Staff | Reviewed by Don Miller
November 27, 2023

Key Points

  • Livent is a fully integrated provider of a wide range of lithium products, with its primary offering being battery-grade lithium hydroxide used in EV batteries.
  • If shareholders approve the pending merger with Argentine lithium company Allkem, the deal will create the world’s third-largest lithium producer.
  • LTHM is the cheapest lithium pure-play available and is currently trading at 8x trailing earnings, which is about a 50% discount to the average stock in the materials sector.
  • 5 stocks we like better than Livent.

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Upgrade Now See Benefits

Already have an account? Log in here.

Should you invest $1,000 in Livent right now?

Before you consider Livent, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Livent wasn't on the list.

While Livent currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginners Guide To Retirement Stocks Cover
Beginners Guide To Retirement Stocks

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Livent (LTHM)
0.5997 of 5 stars		$16.51flatN/A9.22Reduce$16.67
Albemarle (ALB)
3.1133 of 5 stars		$109.55+2.9%1.48%-6.54Hold$114.47
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines