From Yahoo Finance: 2025-04-28 11:19:00

Nickel stocks are in the spotlight, with ATI Inc. (NYSE:ATI) being a key player. Global nickel production is set to rise, creating a 150,000 tonne surplus by 2025. The market is booming, with an estimated size of $41.61 billion in 2023 projected to reach $73.15 billion by 2032, driven by the electric vehicle industry and infrastructure projects.

Investing in nickel stocks can be challenging due to market fluctuations. Prices dropped in early 2025 amid fears of a recession, but the long-term demand remains strong, especially from electric vehicle batteries. Supply is expanding, particularly from Indonesia, leading to price pressures. Geopolitical concerns, such as Western sanctions on Russian supplies, further complicate the market landscape.

S&P Global reports uncertainty in the Asian nickel market due to global trade tensions, leading to a supply surplus. Jason Sappor predicts an oversupplied global primary nickel market in 2025, fueled by increased Indonesian production and weak demand from key industries like electric vehicles. The market may face continued pressure in the coming months.

ATI Inc. (NYSE:ATI) is a major player in the nickel industry, ranking second on the list of the best nickel stocks. The company reported significant revenue growth in Q4 2024 and a strong performance throughout the year. The defense market, a key buyer of ATI’s alloys, is expected to grow in 2025, supported by increased U.S. defense funding.

ATI Inc. (NYSE:ATI) has seen record output levels and operational efficiency due to investments in AI technology. The company secured $4 billion in new sales agreements in 2024, positioning itself for future growth. Analysts maintain a positive outlook on ATI Inc. (NYSE:ATI) shares, citing a beatable FY25 projection and strong growth potential in the aerospace and defense sectors.

Overall, ATI Inc. (NYSE:ATI) ranks second on the list of the best nickel stocks to buy according to hedge funds. While nickel stocks show promise, AI stocks may offer higher returns in a shorter time frame. Consider exploring the potential of AI stocks for greater profitability.



Read more at Yahoo Finance: Is ATI Inc. (ATI) Among the Best Nickel Stocks to Buy According to Hedge Funds?