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IvanLabrie
Jan 7, 2019 11:14 PM

SQM: Long term potential gains are astronomical... Long

Sociedad Quimica y Minera S.A.NYSE

Description

I think SQM presents investors with massive reward to risk ratios here. Downside is minimal, whereas potential upside is huge. Prices can climb up to $281, in case of a quarterly uptrend, and eventually reach prices as high as $1841.65 over time, whilst paying a hefty dividend as well.
Electric vehicles are a huge source of ever growing demand for lithium, and SQM is in a prime position to benefit from this trend. There's also the possibility of funds starting to accumulate shares, as new players enter the electric car battery metals ETF market.

Best of luck,

Ivan Labrie.
Comments
showerreport
so you're actually assuming that there will be no mkt correction???
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