Albemarle Stock: Is ALB Outperforming the Materials Sector?

Valued at a market cap of $19.5 billion, Albemarle Corporation (ALB) is a specialty chemicals company that primarily serves as one of the world's largest suppliers of lithium and bromine. The Charlotte, North Carolina-based company plays a critical role in the global energy transition by providing essential lithium compounds for electric vehicle (EV) batteries and large-scale stationary energy storage systems. Companies worth $10 billion or more are typically classified as “large-cap stocks,” and ALB fit ...