Long-Term Trends Look Good for Lithium ETF
July 11, 2017 at 11:31 AM EDT
Although shares of Tesla Inc. (NASDAQ:TSLA), a company widely associated with the lithium boom, have tumbled more than 13% over the past week, the Global X Lithium ETF (NYSEArca: LIT) is higher by 1.7% over that period. Data suggest long-term trends for lithium demand are encouraging. LIT, the only...