In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at lithium mining giant Albemarle (NYSE: ALB), which has struggled over the past year with weak demand and falling lithium prices. With pricing stabilizing and signs that demand and supply are improving, it’s looking more and more attractive.
*Stock prices used were from the afternoon of May 14, 2024. The video was published on May 17, 2024.
Should you invest $1,000 in Albemarle right now?
Before you buy stock in Albemarle, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Albemarle wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $578,143!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.
See the 10 stocks »
*Stock Advisor returns as of May 13, 2024
Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.