ALB Stock Recent News

At any given time in the stock market, there are a couple of unknown and uncovered trends that could become one of the “I wish I bought” plays a few years later. Some people regret not buying into NVIDIA Co. NASDAQ: NVDA before it was NVIDIA; others wish they had bought Carvana Co. NYSE: CVNA before the stock rallied over ten times on a corporate restructuring.

In the closing of the recent trading day, Albemarle (ALB) stood at $88.50, denoting a -0.9% change from the preceding trading day.

Shares in lithium producer Albemarle (ALB) will likely remain in focus on Thursday after jumping more than 13% yesterday following news that Chinese battery producer CATL plans to reduce lithium production at one of its large mines, a move that could balance the metal's supply-and-demand dynamics.

Shares of Albemarle (ALB), the world's largest lithium miner, rose more than 13% following reports that a key Chinese battery producer intends to reduce lithium production levels.

Copper has broad-based exposure to the economy and is crucial to the megatrends of clean technology and electrification of everything. This copper miner's leaching initiative will deliver significant sales volumes in the coming years.

The ProShares S&P 500 Dividend Aristocrats ETF kicks off the second half of 2024 with a bang, posting a gain of 5.15% in July. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 37 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remains marginally behind.

ALB gains on higher lithium volumes, actions to boost its lithium conversion capacity and productivity actions amid headwinds from softer prices.

The concern over the lithium market isn't just a near-term concern.  Albemarle continues to generate strong cash flow despite its decline in profitability.

After an impressive rally, the market is almost back to record highs, but it's always and forever a market of stocks, not a stock market. Dozens of companies are trading at 52-week lows. Some are value traps to ignore, and some are blue-chip bargains potentially set to soar. ALB is a dividend aristocrat with earnings that have collapsed by 95%. While its balance sheet is strong enough to keep the dividend intact, it offers negative return potential for several years.

Albemarle, Hasbro, Citigroup, Goldman Sachs, Dow Inc., and Albemarle are stocks 22V Research sees as benefiting from falling rates, and a strengthening economy.