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Liontown Resources Ltd (LTR) $1.86

The top performing stock on the ASX200 yesterday was lithium developer LTR, the stock has enjoyed a great 12-months and we feel its sheer momentum will take it over $2 in the coming weeks – now not a big deal its only 7% away! The companies certainly ticking all the correct boxes on the corporate level having signed a binding agreement with leading battery manufacturer LG Energy Solution (LGES). History cautions us against chasing hot sectors, and lithium in particular, into fresh highs as its proven fraught with danger in the past but we do like this $4bn business over the coming years.

LTR
MM is bullish LTR short-term
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Liontown Resources Ltd (LTR)
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