Here's Why You Should Retain Albemarle Stock in Your Portfolio
Albemarle(ALB) ZACKS·2024-08-28 21:10
Albemarle Corporation (ALB) is benefiting from higher lithium volumes on project ramp-ups, capacity expansion and productivity actions amid challenges from lower lithium pricing and softness in the Specialties unit.ALB stock is down 55% over a year compared with a 7.8% decline of the industry. Image Source: Zacks Investment Research Let’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment. Lithium Project Expansion Actions & Productivity Aid AlbemarleAlbemarle is well-placed to ga ...