The market expects Albemarle (ALB) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

When investors want to measure the market's exposure to an individual stock to gauge sentiment and potential future moves for that name, they usually think in terms of shares bought or sold. However, there is another way that traders gain exposure to any given stock, which means a lot more when it comes to sending a message. Albemarle TodayALBAlbemarle$98.15 +4.64 (+4.96%) 52-Week Range$71.97▼$153.54Dividend Yield1.65%Price Target$117.30Add to WatchlistThrough stock options, traders gain the benefit of leve ...

Key Takeaways Albemarle shares soared after the U.S. government approved a new lithium mining project in Nevada. The approval marked a step forward for U.S. ambitions to boost domestic lithium production and reduce reliance on China for the key EV battery component. The U.S. Treasury Department also announced that it would broaden the scope of certain tax credits that previously excluded mining activities. Shares of Albemarle (ALB), the world's largest lithium producer, surged 5% on Monday, earning the top ...

Things are heating up in the lithium market. I recently wrote about Arcadium Lithium plc ( ALTM ) being dramatically undervalued, with the stock in the $2.50-2.70 range. More recently, Rio Tinto Group ( RIO ) announced an all-cashAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2023 47% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Cal ...

Analysts are feeling more optimistic about Johnson Controls, Albemarle, and Owens Corning.Wall Street analysts have recently raised their price targets on three exciting stocks with significant upside potential. Building technology company Johnson Controls (JCI -0.28%) is a major player in reducing carbon emissions and improving building efficiency. The prospects of lithium extractor Albemarle (ALB -2.56%) will improve as electric vehicle (EV) production grows. Roofing, insulation, and door specialist Owens ...

Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more.Top ...

Albemarle (ALB) closed the latest trading day at $101.92, indicating a +1.66% change from the previous session's end. This change outpaced the S&P 500's 0.71% gain on the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%.The specialty chemicals company's shares have seen an increase of 27.52% over the last month, surpassing the Basic Materials sector's gain of 5.75% and the S&P 500's gain of 6.41%.Analysts and investors alike will be keeping a close eye on the performance ...

Decision marks next step in comprehensive review of cost and operating structure CHARLOTTE, N.C., Oct. 7, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the company's new operating structure to adapt to dynamic market conditions.Albemarle's operating structure will transition from two core global business units – Energy Storage and Specialties – to a fully integrated functional model desig ...

October 4, 2024 - Rises on news that Rio Tinto Plc (RIO, Financial) is considering lithium acquisitions, as reported by The Australian despite no guarantee of successful acquisition.The Australian report suggests that Rio Tinto Plc is considering Albemarle (ALB, Financial) and Arcadium Lithium (ALTM, Financial), two major players in lithium market, as potential targets. But it's important to note that negotiations are ongoing, and there is no guarantee of a successful acquisition.The interest in acquiring m ...

This basket of growth stocks, value stocks, and a high-yield dividend stock can help round out your portfolio this fall.With the first three quarters of the calendar year in the books, investors are strolling into October with the major indexes at all-time highs and a more than 20% year-to-date gain in the S&P 500 and Nasdaq Composite. Go back even further, and the S&P 500 is up a staggering 50% since the start of 2023.Efficiency improvements and artificial intelligence (AI)-powered innovations are sending ...