Bargain Hunting in Lithium Stocks: Is Albemarle Still a Screaming Buy After Its Big Acquisition Fell Through?
Motley Fool contributors Jason Hall and Tyler Crowe recently took a look at Albemarle (NYSE: ALB) and said that its deal to acquire Liontown Resources (OTC: LINR.F) -- which has since been called off -- could make it a screaming buy. In this follow-up, they discuss what happened with that deal, and everything that's happened in the two weeks since that investors need to know before buying shares.
*Stock prices used were from the morning of Oct. 30, 2023. The video was published on Oct. 31, 2023.
Source Fool.com
Albemarle Corp Stock
The stock is one of the favorites of our community with 25 Buy predictions and 3 Sell predictions.
As a result the target price of 174 € shows a very positive potential of 62.5% compared to the current price of 107.08 € for Albemarle Corp.