Albemarle Corp Stock
Albemarle is a specialty chemical company that produces and markets lithium, bromine, and other specialty chemicals globally. The company's products are used in a wide range of applications, including energy storage, flame retardants, pharmaceuticals, and agricultural solutions. Albemarle's lithium business has been a key driver of growth in recent years due to increasing demand for lithium-ion batteries used in electric vehicles and other technologies. The company has a market capitalization of around $11 billion and is listed on the New York Stock Exchange under the ticker symbol ALB.
Pros and Cons of Albemarle Corp in the next few years
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Performance of Albemarle Corp vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Albemarle Corp | 1.830% | 8.973% | 0.050% | -23.910% | -11.954% | -13.503% | 72.843% |
| Quaker Chemical Corp. | -1.140% | 0.000% | -5.435% | 6.098% | -11.675% | -13.861% | -12.041% |
| RPM International Inc. | 1.000% | 2.513% | -7.273% | 36.913% | 0.000% | 27.500% | - |
| Axalta Coating Systems Ltd. | 10.200% | 10.959% | 5.195% | 20.000% | 6.579% | 22.126% | 38.907% |
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Albemarle (ALB) Q1 2024 Earnings Call Transcript
Image source: The Motley Fool.
Albemarle (NYSE: ALB)Q1 2024 Earnings CallMay 02, 2024, 9:00 a.m. ET
Operator
Source Fool.com
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