Albemarle (ALB) ended the recent trading session at $120.50, demonstrating a -1.7% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 1.2%. At the same time, the Dow lost 0.65%, and the tech-heavy Nasdaq lost 1.79%.Coming into today, shares of the specialty chemicals company had gained 0.36% in the past month. In that same time, the Basic Materials sector gained 1.63%, while the S&P 500 lost 0.85%.The investment community will be paying close attention ...

Crisis will lead to opportunity for lithium stocks.For one, the blood is flowing in the streets with many of the top lithium names. Two, some analysts now believe lithium prices may have bottomed out. As noted by Bank of America analyst Steve Byrne, “2023 marked a huge drop in lithium prices, as the market flipped from the 2022 deficit into surplus. Inventory levels in China for lithium carbonate were elevated in February but started to trend down in March [and pricing] started to show some strength. While ...

Albemarle (ALB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this specialty chemicals company have returned +1.5%, compared to the Zacks S&P 500 composite's +0.8% change. During this period, the Zacks Chemical - Diversified industry, which Albemarle falls in, has gained 3.1%. The key question now is: What could be the stock's futur ...

Dividend Aristocrats are stocks that are members of the S&P 500 index and have raised their dividend payouts yearly for 25 years or more. It’s an exclusive list of companies. Of the thousands of stocks on the market, only 68 were cut. That shows just how difficult it is. Yet, becoming a Dividend Aristocrat doesn’t mean a stock will always be one. Earlier this year, Walgreens Boots Alliance (NASDAQ:WBA) was forced to cut its dividend to conserve cash. Before that, VF Corp (NYSE:VFC) slashed its payout by 70% ...

The security has yet to overcome several levels of resistanceAlbemarle Corporation (NYSE:ALB) stock was last seen up 0.6% to trade at $129.90, after the chemicals manufacturing company nabbed a price-target hike from Citigroup to $135 from $125.The brokerage bunch is divided on ALB, with 12 calling it a tepid "hold" or worse, while 11 say "buy" or better. Meanwhile, short sellers are piling on. Short interest rose 16.3% in the last two reporting periods, and the 14.31 million shares sold short now make up 1 ...

Lithium stocks are possibly among the most ignored stories from being the hottest commodities in the markets. That’s the nature of the markets, as reactions tend to be on the extremes. Of course, the plunge in lithium price had to be discounted, but most lithium stocks seem to be trading at a valuation gap.For investors who are bullish on the lithium story for the long term, this is possibly the best time to accumulate lithium stocks. Estimates indicate lithium supply will increase to 2.14 million metric to ...

CHARLOTTE, N.C., April 5, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that it will release its first-quarter 2024 earnings after the NYSE closes on Wednesday, May 1, 2024. The company will hold a conference call to discuss its first-quarter 2024 results on Thursday, May 2, at 9:00 a.m. ET. Access to the call is available via webcast or direct dial. A link to the webcast can be found thr ...

The lithium market faces challenges as electric vehicle (EV) demands wane and investors depart from related companies. However, the global economy is no stranger to change. A key component of EV batteries, Lithium may experience a sudden wave of innovation as more countries adopt greener technologies. Admittedly, I don’t know when the lithium market will experience a resurgence of growth. What I do know is that, with low prices, now is a great time to add some lithium stocks to my portfolio.So, considering ...

Crisis will turn into an opportunity for lithium stocks. That’s because supply issues are only temporary. And remember, as I noted on Jan. 21, “With some lithium mines shutting down or reducing production we could see less supply. This could help stabilize prices and send lithium prices higher with demand.” Two, current lithium prices are not sustainable, as noted by Albemarle (NYSE:ALB). In fact, according to the company, prices will need to rise “in order to trigger the supply investments needed to meet l ...

Albemarle (ALB) closed the most recent trading day at $124.86, moving +0.33% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.32%. On the other hand, the Dow registered a gain of 0.68%, and the technology-centric Nasdaq increased by 0.2%.Prior to today's trading, shares of the specialty chemicals company had gained 4.98% over the past month. This has lagged the Basic Materials sector's gain of 6.63% and the S&P 500's gain of 5.11% in that time.Market particip ...