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Top Stock #3 – Sociedad Quimica y Minera (SQM)
Based in Chile, Sociedad Quimica y Minera (SQM) provides a host of chemicals for agricultural, health
care and industrial applications. In addition, SQM is a world leader in lithium — the material that is used in batteries for hybrid cars. Lithium
batteries charge much faster than alternative power cells, and that makes this material crucial to any low-emission vehicle.Fuel efficiency is now one of the most important aspects of any vehicle, and demand for fast-charging lithium batteries will soar in the automotive
market over the next 12 months. Chevy’s Volt will debut late next year with lithium cells under the hood, and Toyota is racing to bring a lithium-powered
electric car to the market soon after. This will add up to big profits for SQM.Our total return in SQM since adding it to our Blue Chip Growth Buy List is over 40%.
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