3 Lithium Stocks That AI Predicts Will Deliver Triple-Digit Returns in 2024

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ChatGPT makes it clear it can’t predict stock performance with lithium stocks to buy. In fact, every time I’ve asked it for stock picks, it first explains: “Please note that these are not predictions, and stock performance is subject to various market factors and individual circumstances. It’s important to conduct thorough research and consult with a financial advisor before making any investment decisions.”

After all, even ChatGPT has to protect itself legally.

What it can do is generate lists of top-performing companies in specific sectors. With lithium, for example, it gave me names such as Albemarle (NYSE:ALB), Socieded Quimica (NYSE:SQM), Ganfeng Lithium (OTCMKTS:GNENF), Lithium Americas (NYSE:LAC), and Livent (NYSE:LTHM). Trying again for a better answer, I asked ChatGPT to tell me a story about an investor that picks top lithium stocks to buy that could double or triple. This time, ChatGPT told me a bit more, naming its investor Emily and noting:

“Armed with knowledge and conviction, Emily carefully built a diversified portfolio of lithium stocks. She recognized Albemarle’s well-established position in the industry and its commitment to sustainable lithium extraction practices. SQM, with its abundant lithium reserves, appealed to her as a reliable player in the market.

Emily was captivated by the innovative prowess of Ganfeng Lithium, a company pushing the boundaries of battery technology. She also saw potential in Livent Corporation’s dedication to supplying lithium compounds for the expanding electric vehicle and energy storage sectors. Lastly, Lithium Americas Corp’s Cauchari-Olaroz Lithium Project sparked her interest as a promising development with significant growth potential.”

While I agree with SQM and ALB, here are three lithium stocks to buy in my opinion that could triple.

Lithium Americas (LAC)

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At $20 a share, Lithium Americas (NYSE:LAC) has explosive catalysts. For one, it’s operating the Thacker Pass lithium mine with General Motors (NYSE:GM). The company is expected to make its first deliveries in the second half of 2026 which should pull in solid revenue.

Furthermore, the company recently announced that its Caucharí-Olaroz project just produced its first lower-than-battery-quality lithium carbonate as part of commissioning. In addition, the company is splitting in two. Lithium Argentina will focus on the company’s Caucharí-Olaroz, Pastos Grandes project, and Sal de la Puna. Meanwhile, Lithium Americas will focus on its Thacker Pass lithium project in Humboldt County, Nevada.

Livent (LTHM) .....

ALB.....