I don't think you got the message.
People often think that when there remains strong growth in a particular new technology, the leading stock in that technology would still have considerable upside ahead.
The Cisco example showed that Internet went on to grow from strength to strength to become universally adopted but Cisco's share price cratered long before internet became mass adoption, and we saw that with solar and now EV and probably soon AI.
People quoting that EV growth has ways to go, aren't wrong, but that does not mean EV/lithium stocks will equally see the same upside. It is difficult to believe the disconnect, unless you realise that EV/lithium stocks have front-run their potential. Same thing we saw with BNPL, cloud computing and we'll see with uranium and AI.
I don't think you got the message. People often think that when...
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Last
$1.38 |
Change
-0.023(1.60%) |
Mkt cap ! $3.351B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.39 | $1.36 | $5.335M | 3.872M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 225354 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 181455 | 91 |
View Market Depth
| Last trade - 15.23pm 24/05/2024 (20 minute delay) ? |
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Last
$1.38 |
Change
-0.023 ( 2.36 %) |
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| Open | High | Low | Volume | ||
| $1.36 | $1.39 | $1.36 | 1769473 | ||
| Last updated 15.42pm 24/05/2024 ? | |||||
| LTR (ASX) Chart |