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Horizons Global Lithium Producers Index ETF (HLIT-T)
TSE:HLIT
19.75
0.16
(0.82%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
Experts have a mixed opinion on the Horizons Global Lithium Producers Index ETF. Some believe that the transition from fossil to renewable energy is slow, impacting the demand for lithium, while others see potential in the long-term due to the decarbonization of economies. The market has been surprised by the speed of brine mining in Chile, but the demand for EVs has not met expectations. Overall, the stock is seen as volatile with potential for long-term growth, but caution is advised due to market changes.
The energy transition from fossil to renewable takes time. That's the reality. There's plenty of lithium in the world, but how quickly can we get it to market? The market was surprised by how quickly brine mining in Chile. Also, people aren't buying EV's as quickly as the market expected. Lithium is close to the bottom, so the risk/reward looks good. He doesn't buy ETFs for his clients, but owns SQM and Albemarle.
$22.780
No
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.
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.
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.
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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
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 2024-04-26, Horizons Global Lithium Producers Index ETF (HLIT-T) stock closed at a price of $19.75.
