Cramer Likes Ener1 (HEV) & Sociedad (SQM) For Lithium Battery Play

Posted by Tate Dwinnell | # |
04:25:14 am on July 3, 2008

Jim Cramer said on Mad Money that Ener1 (HEV) is one of his first favorite speculations.  He said “”That’s one of my favorite speculations. I think that you want to be in that. It’s a lithium battery company. I also like Sociedad Quimica (SQM) as an even better play.”

Developing smaller lithium batteries than can hold increasingly longer charges while remaining safe will be a big barrier to wide spread adoption of electric plug in cars.  It will be interesting to watch these companies.

Tags: ener1, hev, jim cramer, lithium battery, mad money, sociedad quimica, sqm If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

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