Is Albemarle Stock a Value Opportunity?
Albemarle(ALB) The Motley Fool·2024-04-25 13:36
The lithium specialist's stock is looking increasingly attractive.Lithium miner Albemarle (ALB -1.80%) has struggled since hitting an all-time high in 2022, with shares down about 64% since. A primary cause of the decline is likely profit-taking after an intense run-up during the pandemic, but slowing adoption of electric vehicles (EVs) and reduced expectations for future EV demand are also significant factors.Multiple automakers -- including Ford Motor Company (NYSE: F), General Motors (NYSE: GM), Volkswag ...