Betting on battery stocks to buy might not be the sharpest play in today’s market. Much of it is due to the slowdown in EV markets, arguably the strongest catalyst for the battery sphere. With that impetus tapering off, many of the top battery stocks to buy are trading at deep discounts.Surely, the near-term upside in battery stocks is slim, bearing in mind the headwinds in the EV market. However, I doubt the current softness will impact the long-term bull case for battery stocks and the green energy space. ...

alengo I often get asked which lithium stock I should own: Albemarle Corporation (ALB) or Sociedad Química y Minera de Chile S.A. (SQM). Whereas Albemarle is the most significant lithium miner globally, SQM is a chemical giant in its own right. Both stocks have been beaten down badly due to the temporary rout in lithium prices because of the low growth/high-interest rate environment. Also, both companies are well positioned to rebound as the lithium supply/demand dynamic normalizes in future years. Increase ...

Improved pricing, a better supply/demand balance, and cost-cutting efforts are lining up.In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at lithium mining giant Albemarle (ALB 1.49%), which has struggled over the past year with weak demand and falling lithium prices. With pricing stabilizing and signs that demand and supply are improving, it's looking more and more attractive.*Stock prices used were from the afternoon of May 14, 2024. The video was published on May 17, ...

With the markets approaching 52-week highs, one is likely to think that all stocks are doing well. However, that’s not the case. Some value stocks to buy are languishing, presenting compelling opportunities.Although some market participants argue that markets are rational, price movements tell a different picture. Markets are often irrational, ruled by emotions such as greed and fear. Greed causes bubbles as investors are caught up in the fear of missing out. On the other hand, fear causes extremely mispric ...

Albemarle Corporation (ALB) recently entered into an agreement with Martin Marietta Materials, Inc. (MLM) , a prominent supplier of building materials. This collaboration aims to use extracted limestone material from Albemarle's proposed Kings Mountain Mine project in an environmentally-conscious manner.The agreement entails Albemarle supplying limestone material to Martin Marietta's nearby Kings Mountain Quarry. Martin Marietta intends to process and distribute this material as construction aggregate for i ...

One of the leading lithium producers, Albemarle, might be signaling some stability is finally settling in.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 (ALB -2.94%), is signaling that the worst might finally be over.After a massive run-up in 2022 for the price of the commodity -- a key ingredient in electric vehicle (EV) lithium ion batteries -- lithium's market price proceeded to tank last year due to excess suppl ...

Electric vehicle sales are expected to hit an all-time high this year. In fact, according to Inside Climate News, EV adoption is accelerating quicker than expected. Government subsidies and mandates in the U.S., China and Europe are already helping. All of which could fuel further upside for undervalued EV stocks.China, for example, already hit its 2025 targets earlier than expected. Around 37% of all new cars sold in that country were electric, according to analysts at Raymond James. This year, that number ...

Part of proceeds from agreement to support investment in local communities  CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced an innovative agreement with Martin Marietta Materials, Inc. (NYSE: MLM) a leading supplier of building materials — including aggregate, cement, ready mixed concrete and asphalt — to make beneficial use of extracted limestone material from Albemarle ...

With the fallout in the electric vehicle sector, talking about the best lithium stocks to buy might seem premature. Nevertheless, lithium is more than just EVs.To be sure, the EV sector represents a major consumer of the critical metal. However, myriad other industries also utilize the commodity. They include consumer electronics, medical devices, aerospace and industrial applications, to name but a few. So, over the long run, lithium should make a recovery.Factor in the possible recovery of the EV ecosyste ...

Albemarle Corporation (NYSE:ALB) Q1 2024 Results Conference Call May 2, 2024 9:00 AM ET Company Participants Meredith Bandy - Vice President, Investor Relations and Sustainability Kent Masters - Chief Executive Officer Neal Sheorey - Chief Financial Officer Netha Johnson - President, Specialties Eric Norris - President, Energy Storage Conference Call Participants Aleksey Yefremov - KeyBanc Capital Arun Viswanathan - RBC Capital David Deckelbaum - TD Cowen Rob Hoffman - Bank of America Andres Castanos - Bere ...