Quick. Name a commodity that delivered positive returns in 2015.
Congratulations if lithium was your guess, because you are correct. On the back of demand from consumers such as Elon Musk's Tesla Motors Inc (NASDAQ: TSLA), lithium prices are expected to continue rising this year.
That is good news for the Global X Lithium ETF (Global X Funds (NYSE: LIT)). When LIT debuted nearly six years ago, it was viewed as niche ETF, but it came to market during a period of strength for commodities, so some investors quickly embraced the fund.
Emerging markets stocks were also performing well during LIT's infancy, an important factor considering Chile is one of the world's largest lithium-producing countries. Argentina is another major lithium producer. Well, it definitely ...
/www.benzinga.com/trading-ideas/long-ideas/16/04/7833226/dont-miss-any-more-of-the-run-in-this-commodities-etf alt=Don't Miss Any More Of The Run In This Commodities ETF>Full story available on Benzinga.com
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