Is Albemarle Stock a Value Opportunity?

Published on 25 Apr 2024 on Motley Fool via Yahoo Finance

Is Albemarle Stock a Value Opportunity?

Lithium miner Albemarle (NYSE: ALB) has struggled since hitting an all-time high in 2022, with shares down about 64% since. A primary cause of the decline is likely profit-taking after an intense run-up during the pandemic, but slowing adoption of electric vehicles (EVs) and reduced expectations for future EV demand are also significant factors.

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Is Albemarle Stock a Value Opportunity?

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