Lithium Americas Corp. (NYSE:LAC) is named one of the 7 Best Lithium and Battery Stocks to Buy Right Now. Scotiabank reaffirms its Sector Perform rating on LAC, raising the price objective to $7 from $5 due to strong support from the U.S. Administration and GM for large-scale lithium manufacturing.

Lithium Americas Corp. (NYSE:LAC) has secured support from the U.S. Administration and General Motors to advance large-scale lithium manufacturing in the U.S. The company received its first DOE loan drawdown, with $145.9 million in construction costs capitalized and Phase 1 processing plant completion expected in late 2027.

Lithium Americas Corp. (NYSE:LAC) is a key player in pure-play lithium manufacturing. While LAC shows investment potential, certain AI stocks may offer better upside with less risk. For opportunities in undervalued AI stocks benefiting from onshoring trends, check out the best short-term AI stock report.

For more insights, explore the 20 Best Performing Stocks in 2025 and the 12 Best Food Stocks to Buy in 2026. This news is originally published at Insider Monkey.

Read more at Yahoo Finance: Scotiabank Reaffirms its Sector Perform Rating on Lithium Americas Corp. (LAC)