John MooreAlbemarle (NYSE:ALB) slumped during 2023 as EV demand growth slowed, placing pressure on lithium prices. The Australian government has forecast strong growth in lithium production while questioning short-term lithium demand, especially with questionable EV demand in the US. My investment thesis is more Bullish on the stock following the large dip in 2023 and the better price action to start 2024 with lithium prices likely bottoming out. Source: FinvizLithium Supplies Australia is the largest ...

The general rule is that higher returns come with higher risk exposure. In equities, it would imply buying growth and penny stocks that have a relatively higher beta. However, there are time when low-beta blue-chip stocks can outperform growth stocks for a certain period. This can be due to industry or company specific catalysts. Further, there can be a case of blue-chip stock bargains where the valuation gap is deep. A potential reversal in sentiment can translate into robust returns in quick time.A good e ...

The latest trading session saw Albemarle (ALB) ending at $136.58, denoting a +0.55% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.41%. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 2.2%.Prior to today's trading, shares of the specialty chemicals company had gained 6.13% over the past month. This has outpaced the Basic Materials sector's gain of 5.33% and the S&P 500's gain of 2.9% in that time.Investors will be eagerly watching ...

When you find growth stocks that have been hammered despite their long-term investing thesis still being firmly in place, it's time to jump right in. Although 2023 was a rebound year for growth stocks, some failed to join the recovery as industry-specific concerns clobbered their businesses. As a result, opportunities abound.For example, growth hasn't come easy for Albemarle (ALB -4.57%) in recent quarters as lithium prices crashed over the past year or so. Albemarle stock ended 2023 down 33% after plunging ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Albemarle Corporation (ALB) is a engineered specialty chemicals company. The Zacks Consensus Estimate for its current year earnings has been revised 7.5% downward over the last 60 days.Fidelis Insurance Holdings Limited (FIHL) is an insurance company. The Zacks Consensus Estimate for its current year earnings has been revised 4.8% downward over the last 60 days.The GEO Group, Inc. (GEO) is a company that owns, leases, and manages secu ...

Investing in companies capable of advancing and profiting from influential trends can be a life-changing path to wealth creation. Not every stock you buy will go on to be a world-beating success story, but holding just a few big winners over the long term can deliver incredible returns.If you're looking for stocks that can help you tap into some of this century's biggest technology trends, read on to see why investing in these two industry-leading companies could help you score big financial wins.This beate ...

When considering new stock purchases, investors often find themselves choosing between companies that offer great growth opportunities or procuring passive income. To have both options in a single investment, though, is not an opportunity that comes along very often.But that's exactly what Albemarle (ALB 0.07%) offers right now. Shares of Albemarle, a leading lithium producer, are attractive for a variety of reasons, including the fact that the stock is hanging on the discount rack. Undeniably, this is one ...

Albemarle Corporation (NYSE:ALB) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Meredith Bandy - Vice President, Investor Relations Kent Masters - Chief Executive Officer Scott Tozier - Chief Financial Officer Netha Johnson - President, Specialties Eric Norris - President, Energy Storage Conference Call Participants Patrick Cunningham - Citi Josh Spector - UBS Joel Jackson - BMO Capital Markets Michael Sison - Wells Fargo Securities Jeffrey Zekauskas - JPMorgan Aleksey Yef ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________________ FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12658 ___________________________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________________ FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12658 ________________________________________ ...