Livent (LTHM) Benefiting From The Inflation Reduction Act

“We talk about electric vehicles and charging stations, but we tend to forget component inputs like lithium. Livent (LTHM) is a specialty-based materials company that sells performance lithium. The LTHM stock has been relatively volatile. Livent generated a huge amount of earnings growth on a year-over-year basis. From a policy standpoint, there is the Inflation Reduction Act that included an immense amount of subsidies and tax credits for electric vehicle and alternative energy stocks. How will the organic growth move forward?” asks George Tsilis. Jenny Horne weighs in on whether Livent (LTHM) has any competition.