If you’re searching for ultra-reliable dividend stocks to buy, look no further. Investors understand that securing one’s future reliability is paramount. It’s very difficult to build a retirement portfolio without accounting for volatility and mitigating its risks. Thus, investors choose to put their capital into reliable stocks. And few asset classes are as reliable as dividend stocks overall.First of all, firms that choose to pay a dividend tend to be stable in general. In order to pay a reliable dividend ...

CHARLOTTE, N.C., March 4, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) ("Albemarle" or the "Company"), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced that, subject to market and other conditions, it has commenced an offering (the "Offering") of $1.75 billion of depositary shares ("Depositary Shares"), each representing a 1/20th interest in a share of Series A Mandatory Convertible Preferred Stock of the Company ("Preferred Stock"), i ...

Shares of Albemarle (ALB -4.90%), the world's largest lithium producer, rose by an impressive 20.1% in February, according to data provided by S&P Global Market Intelligence. That rise was powered by a combination of its fourth-quarter earnings report (which it released on Valentine's Day), an uptick in the price of lithium, and the earnings report and commentary of the world's second-largest lithium producer, Sociedad Quimica y Miera de Chile (SQM -4.97%), aka SQM.Falling prices, rising volumeThere's very ...

Everyone loves a sale. That’s as true in a supermarket as it is in the stock market. Consumers and investors are always on the lookout for goods, services, and equities that are fundamentally undervalued. This led us to create our list of overlooked value stocks. It’s also essentially the definition of a value stock: One that trades below levels associated with its underlying fundamentals. The reason that a given stock ends up undervalued is usually perception. the market perceives one or more confounding f ...

Shares of Albemarle (ALB 3.38%) are flying high this week and were up 17.8% through 10:30 a.m. ET Friday, according to data provided by S&P Global Market Intelligence.Albemarle already released its fourth-quarter numbers in mid-February. But given that it's a commodity stock, Albemarle's share prices are typically driven more by lithium prices than the company's operational numbers. Right now, nearly every major player in the industry expects the lithium market to recover, and that could hugely favor Albema ...

Lithium stocks may have been crushed by oversupply issues but I’d use weakness as an opportunity to buy. That’s because the supply issues and low lithium prices are just temporary. For one, lithium prices will eventually push higher again. That’s because, 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.” Second, when interest rates start to come back down, we should see ...

Tough times require tough cost-cutting decisions, including job layoffs. However, to get a company back on the right track, reach profitability, and increase margins, they’re often required. Below are just a few of the top post-layoffs stocks that should flourish, as they get back on the right track. We also have to consider that job cuts and a new focus on operational efficiencies will eventually reward companies and their shareholders. Let’s talk about seven post-layoffs stocks that are likely to trend hi ...

The recent rise in lithium prices has spurred optimism among investors — particularly for Australian lithium miners amid reports of tightening supplies. Unconfirmed news of Chinese battery giant CATL closing down its Jianxiawo lithium mine before the Lunar New Year holiday has fueled speculation of potentially tighter market conditions. These developments are likely to help beaten-down lithium stocks to stabilize after a brutal 2023 year. With CATL being one of the world’s largest lithium producers, the rep ...

Key PointsAs lithium becomes a more wanted commodity amidst the growth of EV and battery presence, you should pay attention.Two names are the better targets to consider in this new wave, offering double-digit growth and upside on solid financials.One last worthy mention is the riskier of the group, but also a triple-digit jumper if you have the stomach for it. 5 stocks we like better than BYDThe world used to run on coal and other types of fuel that powered the different titans of industry. This cycle start ...

Summary of Albemarle Corporation Conference Call Company Overview - **Company**: Albemarle Corporation (NYSE: ALB) - **Industry**: Lithium production, bromine, and catalyst businesses Key Points and Arguments Lithium Market Dynamics - **Price Rebound**: The CEO indicated that lithium prices are expected to rebound based on supply-demand balance and anticipated growth in demand. Current pricing is affecting supply volumes, which are coming out slower than expected [3][4][5] - **Supply Cuts**: There is a consensus that more production needs to come out of the market to stabilize prices. The CEO mentioned that higher-cost supply in China is a significant factor [5][6] - **Cost Curve**: The cost curve for lithium production is complex, with many mines operating between $10 and $20. As prices drop, higher-cost producers are expected to exit the market [7][8] Operational Challenges - **Data Reliability**: The CEO expressed concerns about the reliability of industry data, emphasizing the need for better information to make operational decisions [10][11] - **Inventory Levels**: There is a significant amount of inventory in the battery supply chain, which is impacting restocking of lithium products. The company anticipates EV growth in the mid-30s and lithium growth in the mid-20s, with inventory accounting for the difference [14][13] Strategic Decisions - **CapEx Management**: The company is focusing on efficient capital spending, particularly on projects nearing completion. The CEO highlighted the importance of maintaining a balance sheet while pursuing growth opportunities [27][28][29] - **Operational Efficiency**: Albemarle aims to improve operational efficiency, targeting a reduction of $300 million in costs, primarily in conversion operations [32] Market Sentiment and Policy - **U.S. EV Market**: The CEO noted that the U.S. EV market is lagging behind China, and current policies like the IRA are not sufficient to incentivize necessary investments [22][24][26] - **Future of Lithium Supply**: The CEO discussed the potential for changes in feedstock strategies, including the upgrading of lithium carbonate and the shipping of lithium sulfate, but noted that these strategies are still in early discussions [43][44] Non-Core Asset Management - **Asset Sales**: The company is considering the sale of non-core assets, particularly in the catalyst business, to strengthen its balance sheet. The CEO mentioned that they are managing these assets as if they were a private equity firm [45][46] Investor Relations - **Valuation Concerns**: The CEO acknowledged that investors are currently valuing lithium producers as mining companies rather than specialty chemicals producers, which is not reflective of the company's capabilities [55][56] - **Underappreciated Aspects**: The CEO believes that investors may not fully appreciate the company's resource breadth, cost position, and technical capabilities in building conversion assets [58] Additional Important Insights - **Joint Ventures**: The complexities of managing joint ventures, particularly with partners in Greenbushes and Talison, were highlighted as a challenge in aligning production and capital expenditures [34][36] - **Future Projects**: The CEO indicated that future projects would depend heavily on market conditions and pricing recovery, with a cautious approach to new investments [50][52] This summary encapsulates the key discussions and insights from the Albemarle Corporation conference call, focusing on the lithium market, operational strategies, and investor relations.