Albemarle Corp Stock
Albemarle is a specialty chemical company that produces and markets lithium, bromine, and other specialty chemicals globally. The company's products are used in a wide range of applications, including energy storage, flame retardants, pharmaceuticals, and agricultural solutions. Albemarle's lithium business has been a key driver of growth in recent years due to increasing demand for lithium-ion batteries used in electric vehicles and other technologies. The company has a market capitalization of around $11 billion and is listed on the New York Stock Exchange under the ticker symbol ALB.
Pros and Cons of Albemarle Corp in the next few years
Pros
Cons
Performance of Albemarle Corp vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Albemarle Corp | 1.500% | -3.476% | 3.333% | -37.464% | -13.316% | -13.136% | 88.241% |
RPM International Inc. | -0.940% | 0.000% | 1.942% | 40.940% | 2.941% | 29.630% | - |
Quaker Chemical Corp. | - | -2.312% | -6.111% | -8.152% | -14.213% | -11.979% | -4.789% |
Axalta Coating Systems Ltd. | -2.980% | -0.592% | 12.752% | 20.000% | 10.526% | 27.032% | 49.699% |
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News
1 Rallying Lithium Stock: Is the Worst Now Over? Time to Buy?
This story has been told before (by me, at numerous points in 2023), but it appears that one of the leading producers of lithium, Albemarle (NYSE: ALB), is signaling that the worst might finally be
Albemarle (ALB) Q1 2024 Earnings Call Transcript
Is Albemarle Stock a Value Opportunity?
Lithium miner Albemarle (NYSE: ALB) has struggled since hitting an all-time high in 2022, with shares down about 64% since. A primary cause of the decline is likely profit-taking after an intense