Albemarle Corp. Stock: Bull vs. Bear
Albemarle(ALB) The Motley Fool·2024-08-28 16:24
Falling lithium prices have motivated investors to avoid Albemarle stock -- but are they right to do so?While the S&P 500 has ripped more than 18% higher year to date, shares of lithium production leader Albemarle (ALB 0.04%), however, have failed to benefit from the generally bullish sentiment pervading the market. Since the start of 2024, Albemarle stock has plummeted about 37%.But smart investors know that a stock's sharp decline doesn't automatically mean that it's best for investors to avoid it. In fac ...