In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the latest on lithium miner Albemarle (ALB 5.43%), the lithium market, and whether Albemarle is a buy right now.*Stock prices used were from the afternoon of March 5, 2024. The video was published on March 11, 2024. ...

There's been plenty of attention paid to the direction of the electric vehicle (EV) industry recently. After rapid growth from early adopters and fans of the products, growth seems to have notably slowed in 2024. One EV-related company feeling the effects of this slowdown is lithium supplier Albemarle (ALB 5.86%).Wall Street analyst Vincent Andrews at Morgan Stanley recently sent out a note documenting just how much the slowdown in EV sales is impacting Albemarle. Andrews reduced his firm's price target on ...

Battery stocks reflect the gradually slowing market for electric vehicles (EVs) over the past few years. Many battery manufacturers and producers of battery technology rely on EV production as their main source of demand and revenue. Given the risk and poor performance of EV stocks late last year, many battery stocks went with them. While some investors may be hesitant to board what they believe is a sinking ship, this dip in price has placed these three excellent stocks in the painfully undervalued categor ...

There has been a total wash-out in the lithium market over the last year. The elemental material is a key ingredient in the lithium-ion batteries that power smartphones and, importantly to the growth story for the lithium market, electric vehicles (EVs). EV batteries are significantly larger than those in phones or even laptops, so the advent of battery-powered vehicles in the last few years was a boon to the lithium mining industry.Despite reports to the contrary, global EV demand continued to rise through ...

There’s growing speculation lithium prices are finally bottoming out. And if that’s the case, it’s time to look at some of the top lithium stocks to buy.Remember, as I noted just days ago, Sociedad y Quimica (NYSE:SQM) CEO Ricardo Ramos expects lithium prices to remain stable this year, and for sales volumes to improve. Pilbara (OTCMKTS:PILBF) even said it’s seeing buying interest again, too. “All our customers, for avoidance of doubt, are taking their product and, in some cases, asking for more,” said Pilb ...

Key PointsAlbemarle, Ionis, Insulet, Hess and Wynn are undervalued stocks with strong earnings performance.Recent years have favored growth stocks over value, but investors can still find individual undervalued stocks with strong fundamentals and growth potential.Identifying fundamentally sound undervalued companies allows investors to profit from market inefficiencies.5 stocks we like better than Abbott LaboratoriesAlbemarle Corp. NYSE: ALB, Ionis Pharmaceuticals Inc. NASDAQ: IONS, Insulet Corp. NASDAQ: PO ...

Shares in lithium producer Albemarle (ALB 2.57%) were down by 14.1% in the week to Friday morning. The move comes in a week when Albemarle announced an offering of $1.75 billion in depositary shares on Monday and then increased the offering to $2 billion on Wednesday. The issuance puts the stock price under pressure as investors start pricing in a dilution of equity in the future when the shares are converted into common stock.Why Albemarle made the offeringAccording to the press release, Albemarle intends ...

OlemediaTiming Could Have Been Better I recently wrote about Albemarle stock (NYSE:ALB) on 3/4/2024, upgrading my rating to a Buy. This turned out to be horrible timing, as the company announced a convertible preferred share offering (ALB.PR.A) later that day. The initial offering size was indicated to be $1.75 billion, but it was later upsized to $2 billion. In both cases, the underwriters have an option to purchase an additional 15% of these preferreds. That $2.3 billion issue amounts to 13.7% of Albe ...

In the race to electrify the automotive world, picking the top EV stocks to buy is pivotal for investors looking to capitalize on the sector’s explosive growth.Despite near-term hurdles such as competition and supply chain challenges, a few businesses have effectively weathered those challenges. With EV penetration accelerating, these frontrunners are poised for significant long-term expansion. All also present a golden opportunity for those with an eye on the future.Moreover, the EV market is on an impress ...

When the global shift towards clean energy and decarbonization is in focus, the winners are not just green energy companies. There are other ways to benefit from positive industry tailwinds that’s likely to last beyond this decade. This column focuses on the top metal stocks to buy that are producers of critical minerals required in the adoption of green energy.As an example, the demand for copper will nearly double by 2035 on the back of energy transition. Mining companies will be challenged to meet the de ...