SQM Stock invest?

Question

Should I invest in this stock? where is it projected to go or has it hit a top off price?

Answer 1

As long as the world needs crops, these chem/fertilizer companies will prosper... gains may not be as big as the recent past, but an investment now should still do well.

Answer 2

It looks like it will keep going up, this stock actually split a couple of months ago, I think in march. The Year to date return for Chemical & Mining Co. of Chile (NYSE: SQM) 167%. It's also one of Cramers top picks, I say invest in it. It looks like a great stock to me that will definately hit the mid 80's or higher by next year. Good Luck.

Answer 3

SQM is a key player in fertilizer which is a hot commodity right now.  It is also a key producer of lithium.  If the move to electric/hybrid cars starts booming, then they are in a position to profit.  I see some speculation in their price move.  SQM has moved up on 200-300% of the normal trading volume which is a good sign.  Having said that, my position is SQM is very small.  Just like solar stocks such as FSLR and SPWR, SQM may be extremely volatile.  So if you decide to buy, keep it a small portion of your portfolio.

If agriculture falls or lithium turns out to be a bad bet, then look for this stock to fall hard.

Answer 4

Talk to a broker.

Any advice on here should not be taken seriously.

Go to TD ameritade or something and research it.

There are plenty of sources there to help you make your own decision.

GOOD LUCK

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