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Standard Lithium Ltd. (NYSEAMERICAN:SLI) is one of the best rare earth stocks to buy right now. On March 31, analysts at Raymond James raised their price target for Standard Lithium Ltd. (NYSEAMERICAN:SLI) to $5.75 from $5.25 and reiterated an Outperform rating.

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The price target hike underscores the research firm’s confidence in the company’s ability to offer solid exposure to lithium, an important mineral in battery development. The company owns a 55% stake in its flagship South West Arkansas Project. It also owns 55% of the East Texas project, which is less developed than SWA.

Raymond James views the projects as premier, well-poised to generate significant value. That’s in part because Standard Lithium Ltd is a leader in Direct Lithium Extraction DLE focused on advancing a portfolio of Lithium brine projects.

The company has already achieved significant milestones at its large-scale Demonstration Plant in El Dorado, Arkansas. Since its inception in 2020, the plant has processed 1 million barrels of real brine pumped in real time. It has also completed 15,000 DLE cycles.

Standard Lithium Ltd (NYSEAMERICAN:SLI) is a near-commercial-stage company focused on producing sustainable, battery-grade lithium from brine in the United States. It uses innovative Direct Lithium Extraction (DLE) technology to extract lithium from industrial brine in Arkansas. The company aims to become a leading domestic supplier of low-cost, sustainable lithium.

While we acknowledge the potential of SLI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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