Why Lithium Stock SQM Soared Nearly 20% in September
Shares of Sociedad Quimica y Minera de Chile (NYSE: SQM), or SQM, which is the world's second-largest lithium producer and what I consider to be one of the three best lithium stocks for most investors, jumped 19.6% in September. For context, the S&P 500 returned 2.1% in the month.
The specialty chemical company's stock has returned a scorching 99.2% so far in 2017, through Oct. 2, crushing the S&P 500's 14.7% return over this period.
Source: Fool.com