What are the best battery stocks to buy?

Solid Power, Inc. (NASDAQ:SLDP) joins Tesla, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM), and Honeywell International Inc. (NASDAQ:HON) in our list of the best battery stocks to buy. Stem, Inc. (NYSE:STEM) is a diversified battery firm that sources energy storage systems and then sells it to customers.

What are the best solid-state battery stocks?

Below is our selection of the top seven solid-state battery stocks to watch. QuantumScape is a company dedicated to developing solid-state lithium batteries for electric cars. Backers include Volkswagen and Bill Gates. Solid Power develops solid-state cell and high-tech sulphide solid electrolyte batteries. Major partners include BMW and Ford.

Should you buy battery stocks in 2024?

The International Energy Agency predicts a tenfold increase in battery demand for electric vehicles over the next decade. Battery stocks haven't fared well for much of 2024, but a big rally has put them back in the spotlight. The Global X Lithium & Battery Tech ETF (ticker: LIT) gained more than 20% in September.

Should you buy EV battery stocks?

Investors don't have to pick a winning automaker -- they can buy shares of battery stocks instead. The range of options in EV battery stocks goes from pre-revenue to one of the world's biggest automakers. The automotive industry is going electric. Every major automaker is actively developing or already selling electric vehicles (EVs).

What are the top battery stocks for 2024?

Out of these, the stocks with the highest number of hedge fund investors in Q2 2023 were picked as the top battery stocks for 2024. Solid Power, Inc. (NASDAQ:SLDP) is an American firm that develops solid state batteries.

Should you invest in solid power's battery stock?

Investing in Solid Power's battery stock is primarily based on its future potential. The company's approach to manufacturing, combined with technology that is still in the validation phase, presents a degree of investment risk.