ALB Stock Recent News

The push toward new, more efficient, rechargeable batteries across multiple industries has driven demand for lithium skyward. Total global demand for the precious metal increased from 101 kilotons in 2021 to 165 kilotons in 2023, according to the International Energy Agency.

Arcadium Lithium's stock surged 150% after Rio Tinto's $6.7B takeover, highlighting the growing interest in the lithium sector and its future potential. Albemarle Corporation, despite a significant earnings decline, is poised for recovery as lithium prices rebound, making it a strong buy at current low levels. The global EV market's resurgence will drive lithium demand, benefiting top lithium miners like Albemarle, which could see substantial stock price increases.

Lithium prices have likely bottomed, with improvements expected in 2025/2026 and potential deficits in 2027-2029, signaling a potential market recovery. Top lithium stocks to buy now include Albemarle, Sociedad Química y Minera, Lithium Americas Argentina, Chengxin Lithium Group, and Galan Lithium. Galan Lithium is a higher-risk/higher-reward junior on track to be a potential H2, 2025 low cost LiCl producer in Argentina.

The Investment Committee discuss the latest Calls Of The Day.

Wolfe Research recommends selling certain stocks based on year-to-date returns and volume-weighted average price, especially before mutual funds' October 31 year-end. Investors should consider tax-loss selling and use Seeking Alpha factor grades for valuation, growth, profitability, momentum, and revisions to evaluate stocks. Specific stocks to sell include Lucid Motors, Rivian Motors, Mobileye, Intel, Wolfspeed, and Albemarle, with detailed justifications for each.

Earnings season will be a good time for most S&P 500 companies for the third quarter. But a few are in for a rough time.

Albemarle (ALB) reachead $101.92 at the closing of the latest trading day, reflecting a +1.66% change compared to its last close.

Recently, Zacks.com users have been paying close attention to Albemarle (ALB). This makes it worthwhile to examine what the stock has in store.

Decision marks next step in comprehensive review of cost and operating structure CHARLOTTE, N.C. , Oct. 7, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the company's new operating structure to adapt to dynamic market conditions.

This basket of growth stocks, value stocks, and a high-yield dividend stock can help round out your portfolio this fall.