Although Albemarle has underperformed relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.16%. Stocks on Wednesday...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.32%. Stocks today are mixed. The...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. Stock index futures recovered...
ALB earnings call for the period ending September 30, 2024.
As inflation expectations accumulate, new call option traders see enough reasons to start going long on Albemarle stock.
GM has invested heavily in a joint venture with Lithium Americas in a bid to secure a domestic battery-grade lithium supply chain.
Albemarle is expected to release its third-quarter earnings next month, and analysts expect a significant triple-digit drop in earnings.
With investors looking more closely than ever at the lithium mining industry, a few key producers stand out as being best positioned to meet rising demand.