|Bid||0.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||80.33 - 81.80|
|52 Week Range||71.89 - 118.83|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||26.10|
|Earnings Date||Feb 20, 2019|
|Forward Dividend & Yield||1.34 (1.67%)|
|1y Target Est||109.25|
Tina Craft, vice president of commercial operations at Albemarle Corp., is a 2019 honoree in the CBJ’s Women in Business awards program.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! While small-cap stocks, such as Allgäuer BrauhausRead More...
Albemarle (ALB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! I am going to run you throughRead More...
Albemarle: Citibank Downgraded It to 'Neutral'Citibank downgraded Albemarle On February 5, Citibank downgraded Albemarle (ALB) from “buy” to “neutral” and reduced the target price to $81 from the previous target price of $90. Citibank stated
On Monday, February 4th, investors were charged up as Maxwell Technologies, Inc. (Nasdaq:MXWL), a developer and manufacturer of energy solutions announced it has entered into an agreement to be acquired at $4.75 per share by electric car company, Tesla, Inc. (Nasdaq:TSLA). "We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Dr. Franz Fink, President and Chief Executive Officer of Maxwell.
Investorideas.com, a leading investor news resource covering AI and lithium stocks issues a snapshot looking at lithium companies preparing to meet future demands in the market and how technology innovation may play a lead role. Looking at how this all plays out, Albemarle Corporation (NYSE:ALB) and Chile state development agency Corfo recently reached a deal to resolve a contract dispute centered around an amendment to the contract that requires Albemarle to provide as much as 25 percent of its annual production of lithium at a discount to companies seeking to produce battery metals within Chile. Albemarle operates in Chile's Salar de Atacama, a salt flat in the country´s northern desert that supplies nearly 40 percent of the world´s lithium.
Chile is hopeful that battery makers such as Samsung SDI and POSCO will start installing lithium processing plants in the country by the end of the year, according to Sebastian Sichel, executive vice president of government development agency Corfo. The agency recently reached a deal with top lithium miner Albemarle Corp. that will give battery makers access to cheaper lithium. “We want manufacturers to get closer and closer to producing a complete battery in Chile -- that’s our dream,” Sichel said in an interview in Santiago.
Lithium stocks were a hot investment for years. Large amounts of the mineral were needed to fuel the expansion of lithium-ion batteries -- the very batteries used in smartphones, laptops and most electric vehicles (EVs). The lithium-ion battery remains the best technology currently available to the masses, but that may not be the case in the very near future. I'm not saying related stocks are going to tank, but as we look to the future, lithium-ion batteries are on the way out as new battery breakthroughs start to hit the market. I would like to tell you a little bit about that today… InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Reason No. 1: Battery Life It's safe to bet that you -- and every other person reading this article -- have had your smartphone die at a not-so-opportune moment. Maybe in the middle of a phone call? Or possibly when you had only a few miles left to your destination? Battery life on our smartphones and other electronics has certainly improved over the last decade, but it's still not where we want it to be. And the future of technology will require even longer battery life as well as higher density. Advancements like having the ability to stream video anywhere eat up a lot of battery life, so the current lithium-ion technology will not be sufficient. * 10 Stocks to Sell in February Even more important will be battery density and life for EVs as they begin being mass produced. As you would guess, they require a ton of power. The range on today's EVs is not good enough for the masses, so the search for a new and better battery technology is in full swing. This could leave lithium stocks in the lurch. ### Reason No. 2: Cobalt Cobalt is one of the required minerals in the production of a lithium-ion battery. But there's a big problem with that. About two-thirds of cobalt is located in the Democratic Republic of Congo (DRC). The DRC is one of the most unstable countries on the planet, which makes the supply of the highly sought after mineral a major concern. In fact, cobalt is often referred to as the "blood diamond" of the battery industry. The human toll of mining cobalt is terrible. Conditions at mines are unacceptable and child labor is running rampant. Simply put, no matter what lithium stocks do, in a few years there will likely no longer be enough cobalt to keep up with the demand for lithium-ion batteries in EVs. ### Reason No. 3: New Technologies The biggest threat to lithium-ion batteries is new and improved technology. The race is on to meet the needs of the near future, and there are a number of technologies out there that could unseat the current battery leader. After a lot of research, it is clear to me that one technology in particular is well ahead of the pack. It's an innovation that will have multi-trillion-dollar economic implications. Think of a world with electric cars that have massive ranges. Think of an iPhone that needs charging just once per month. Think of airplanes that run on batteries. Think of the eventual demise of the oil and gas industry. Over the past year, I've spent an enormous amount of time studying the battery industry. I can tell you this mega innovation isn't a matter of "if," it's a matter of "when." I believe the next big battery breakthrough will go down as one of the greatest inventions of the 21st century. Of course, there are huge investment implications here. Those on the right side of this innovation stand to build incredible wealth … just like people did from the creation of the internet and the smartphone. I am so excited about this new technology and the future of batteries that I put together an entire research report on this topic. Click here to find out more. Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy for the Rest of the Year * 10 Best Consumer Stocks to Buy in 2019 * 10 Triple-A Stocks to Buy in February Compare Brokers The post 3 Reasons NOT to Invest in Lithium Stocks appeared first on InvestorPlace.
CHARLOTTE, N.C. , Jan. 28, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Luke Kissam , Albemarle CEO, will speak at ...
VANCOUVER , Jan. 28, 2019 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (NEV.V) is pleased to announce that the Fifth Judicial District Court of Nevada (the "Court") has issued an order vacating a ruling of forfeiture against the Company's water right made in 2016 by the State Engineer's office of the Nevada Division of Water Resources ("NDWR"). The matter has been remanded back to the State Engineer for a full administrative hearing on the question of forfeiture that is scheduled for April 1, 2019 (the "Hearing"). At the Hearing, Nevada Sunrise intends to present historical evidence of beneficial use of its water right Permit 44411 (the "Permit") located in the Clayton Valley basin, and present arguments that the State Engineer did not provide the required notice prior to declaring the Permit forfeited.