Panasonic Panasonic Corporation (OTC: PCRFY) is a Japanese diversified electronics company that produces consumer electronics, automotive and aviation electronics, rechargeable batteries, and numerous other technology-related products.

For alternative investors, this is one of the best lithium battery stocks to consider today. Panasonic is the manufacturer of the lithium-ion cells used in Tesla electric vehicles and solar products. It is also a major global supplier to other companies and consumers. With solar power becoming more viable, battery storage is in high demand. Panasonic is well-positioned to leverage the growth in electric vehicle sales and commercial/residential solar installations.

While the company’s revenue can fluctuate based on currency factors and global economics, its gross profit margin is generally strong. In the company’s 2020 fiscal year, the margin was 27.09%, while the EBITDA margin was 8.95%. Panasonic returns significant value to investors with a 2.47% dividend yield at today’s price.

For both income and the potential for this stock to grow alongside the solar and electric vehicle markets, it’s a top alternative pick for September.

Key Data:

  • 1 Year Price Growth: 03%
  • YTD Price Growth: -1.95%
  • 3 Month Price Growth: 16%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.