Bargain Hunting in Lithium Stocks: This Acquisition Could Make Albemarle a Screaming Buy
Say it with me: cyclical industry, secular trend. That's been the story of lithium stocks recently. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss Albemarle (NYSE: ALB). With its stock way down on lithium prices and short-term demand, they think there's a solid opportunity for long-term investors.
*Stock prices used were from the morning of Oct. 11, 2023. The video was published on Oct. 19, 2023.
Source Fool.com
Albemarle Corp Stock
€107.70
-1.320%
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 61.56% compared to the current price of 107.7 € for Albemarle Corp.