Albemarle Corp

ALB-N

NYSE:ALB

61.82
4.82 (8.46%)
Albemarle Corporation is a chemical company with corporate headquarters in Charlotte, North Carolina. It is a specialty chemical manufacturing enterprise.
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Analysis and Opinions about ALB-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 11, 2018
It became stock associated with Tesla (and lithium). Hasn't been following it. He won't look at this until global conditions improve.
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Albemarle Corp (ALB-N)
December 11, 2018
It became stock associated with Tesla (and lithium). Hasn't been following it. He won't look at this until global conditions improve.
PAST TOP PICK
PAST TOP PICK
January 31, 2018

(A Top Pick March 21/17. Up 7.88%.) This had a wonderful run, running to $144. He runs Stop/Losses on his positions, and got taken out at $130. The lithium stocks were wonderful performers last year. They've had some correction recently, and there has been some discussion about more supply coming into the market.

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Albemarle Corp (ALB-N)
January 31, 2018

(A Top Pick March 21/17. Up 7.88%.) This had a wonderful run, running to $144. He runs Stop/Losses on his positions, and got taken out at $130. The lithium stocks were wonderful performers last year. They've had some correction recently, and there has been some discussion about more supply coming into the market.

TOP PICK
TOP PICK
October 19, 2017

The largest producer of lithium. When we talk about electrification, electric vehicles, more tablets, smart phones, etc. lithium batteries are going to be in relatively high demand. Demand growth is forecast to be 10% a year for the next decade, and that is even using some relatively conservative assumptions about electric vehicle penetration. Given that this is the largest producer and a very low-cost producer, they should be able to bank very significant cash flow over the course of the next 5-10 years, but governments can very significantly influence adoption. Dividend yield of 0.9%. (Analysts’ price target is $137.)

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Albemarle Corp (ALB-N)
October 19, 2017

The largest producer of lithium. When we talk about electrification, electric vehicles, more tablets, smart phones, etc. lithium batteries are going to be in relatively high demand. Demand growth is forecast to be 10% a year for the next decade, and that is even using some relatively conservative assumptions about electric vehicle penetration. Given that this is the largest producer and a very low-cost producer, they should be able to bank very significant cash flow over the course of the next 5-10 years, but governments can very significantly influence adoption. Dividend yield of 0.9%. (Analysts’ price target is $137.)

PAST TOP PICK
PAST TOP PICK
June 5, 2017

(A Top Pick Oct 3/16. Up 35%.) This is firing on all cylinders. The lithium market is a market that is underappreciated, both from the constraint/supply side and the expectations on the demand side. Lithium is very much an Asian story, and probably is why this company has been undervalued for quite some time. Still a Buy.

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(A Top Pick Oct 3/16. Up 35%.) This is firing on all cylinders. The lithium market is a market that is underappreciated, both from the constraint/supply side and the expectations on the demand side. Lithium is very much an Asian story, and probably is why this company has been undervalued for quite some time. Still a Buy.

TOP PICK
TOP PICK
March 21, 2017

The dominant player in lithium. He believes we are going to continue to see movement to electric cars. The company makes both types of lithium that go into all the major batteries that are being sold. They’ll triple production over the next 5 years. Model 3 is about to come from Tesla. They are becoming mass market and as you run into the beginning of a mine production, share prices tend to do well. It has twice the margin that Tesla will ever have. This will be a growth stock for many years, and they think they can maintain 50% of the market. Dividend yield of 1.2%. (Analysts’ price target is $115.00.)

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Albemarle Corp (ALB-N)
March 21, 2017

The dominant player in lithium. He believes we are going to continue to see movement to electric cars. The company makes both types of lithium that go into all the major batteries that are being sold. They’ll triple production over the next 5 years. Model 3 is about to come from Tesla. They are becoming mass market and as you run into the beginning of a mine production, share prices tend to do well. It has twice the margin that Tesla will ever have. This will be a growth stock for many years, and they think they can maintain 50% of the market. Dividend yield of 1.2%. (Analysts’ price target is $115.00.)

PAST TOP PICK
PAST TOP PICK
February 9, 2017

(A Top Pick June 28/16. Up 20.83%.) Lithium. Last quarter they completed the transaction of one of their processing plant businesses in China, so they have a little bit of a war chest now, and he expects them to go out and buy a lithium producers, possibly in Australia. He still likes this and feels the price of lithium will continue to go up as the demand for electrification continues. Still a Buy.

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Albemarle Corp (ALB-N)
February 9, 2017

(A Top Pick June 28/16. Up 20.83%.) Lithium. Last quarter they completed the transaction of one of their processing plant businesses in China, so they have a little bit of a war chest now, and he expects them to go out and buy a lithium producers, possibly in Australia. He still likes this and feels the price of lithium will continue to go up as the demand for electrification continues. Still a Buy.

PAST TOP PICK
PAST TOP PICK
October 3, 2016

(A Top Pick June 28/16. Up 8.70%.) A company that is transitioning from almost a specialty chemical type of area into lithium. Lithium has been one of the hot sectors in the mining world, and there have been countless numbers of lithium companies showing up on the TSX, but this is the largest and the best positioned. Since he recommended this, they have bought a processing plant to convert the lithium carbonate into its commercial form in China.

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Albemarle Corp (ALB-N)
October 3, 2016

(A Top Pick June 28/16. Up 8.70%.) A company that is transitioning from almost a specialty chemical type of area into lithium. Lithium has been one of the hot sectors in the mining world, and there have been countless numbers of lithium companies showing up on the TSX, but this is the largest and the best positioned. Since he recommended this, they have bought a processing plant to convert the lithium carbonate into its commercial form in China.

TOP PICK
TOP PICK
October 3, 2016

This is his long-term story. Lithium and the electrification of everything has real staying power. They sold a good chunk of their specialty chemical side off a couple of quarters or so. Expects them to continue to invest primarily in lithium brines, but also processing. Dividend yield of 1.44%.

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Albemarle Corp (ALB-N)
October 3, 2016

This is his long-term story. Lithium and the electrification of everything has real staying power. They sold a good chunk of their specialty chemical side off a couple of quarters or so. Expects them to continue to invest primarily in lithium brines, but also processing. Dividend yield of 1.44%.

TOP PICK
TOP PICK
June 28, 2016

The biggest in the lithium space. He is not super excited about base metals, but is very positive on precious metals. Last quarter their earnings exploded to the upside. They want to be the dominant player in lithium. Just sold their chemicals business. Expects they will make some more acquisitions. The thesis of this selection is electric cars.

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The biggest in the lithium space. He is not super excited about base metals, but is very positive on precious metals. Last quarter their earnings exploded to the upside. They want to be the dominant player in lithium. Just sold their chemicals business. Expects they will make some more acquisitions. The thesis of this selection is electric cars.

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Albemarle Corp(ALB-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Albemarle Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Albemarle Corp(ALB-N) Frequently Asked Questions

What is Albemarle Corp stock symbol?

Albemarle Corp is a American stock, trading under the symbol ALB-N on the New York Stock Exchange (ALB). It is usually referred to as NYSE:ALB or ALB-N

Is Albemarle Corp a buy or a sell?

In the last year, there was no coverage of Albemarle Corp published on Stockchase.

Is Albemarle Corp a good investment or a top pick?

Albemarle Corp was recommended as a Top Pick by Mike S. Newton, CIM FCSI on 2018-12-11. Read the latest stock experts ratings for Albemarle Corp.

Why is Albemarle Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Albemarle Corp worth watching?

0 stock analyst on Stockchase covered Albemarle Corp In the last year. It is a trending stock that is worth watching.

What is Albemarle Corp stock price?

On 2020-04-08, Albemarle Corp (ALB-N) stock closed at a price of $61.82.