Albemarle: Take Advantage Of Lithium's Rocky Run
Albemarle(ALB) Seeking Alpha·2024-01-10 01:00
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 ...