albemarle stock reddit

... On a stock that doesnt have a clear uptrend it is usually a good idea to average in over many months anyways. The company serves various end markets including petroleum,refining,consumer electronics,energy storage,construction,lubricants,pharmaceuticals,automotive,crop protection,food safety,and custom chemistry. Shares of Albemarle Corp. ALB, +0.79% inched 0.79% higher to $147.32 Friday, on what proved to be an all-around positive trading session for the stock … I think the other possible risk is the thesis that EV's will drive up the demand for batteries a ton in the future. Huge fears that lithium supply production greatly overshot the demand for lithium. View Albemarle's Dividend History. Check out our wiki and Discord! I still wait for that final confirmation to see revenue vs. expectation, profit vs. expectation, revenue vs. previous year, profit trend for last 3 years, dividend growth and the $ for new products/divisions/acquisitions and management's outlook for rest of the year. They also raised guidance in the year ahead. Their pr… So the whole market for utility scale lithium batteries will probably go away, one way or another, but for electric vehicles it will probably remain indefinitely. Albemarle had an EPS of $1.55 beating the consensus of $1.41 per share. Disclaimer I do hold a long position with ALB. Once the stocks shed some more value, I would buy-in, though, considering ALB stock has outperformed the S&P 500 by 104.4% and its sector by 133% … Also, there are flow batteries, which use liquid electrolytes of very low energy density, but with no upper bounds on capacity or power. Already electric vehicle batteries account for 70% of the lithium market. ... help Reddit App Reddit coins Reddit premium Reddit gifts. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Automakers tend to want to control as much of their supply chain as possible (see Tesla's purchase of Maxwell as an example). There's far more risk than reward buying in at today's prices. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Albemarle share forecasts, stock quote and buy / sell signals below.According to present data Albemarle's ALB shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). In the short term they need to get their batteries from someone, but in the long term a lot of them will want to either buy up the suppliers, or make their own. Albemarle Corporation is a specialty chemicals business based in the US. Press J to jump to the feed. Albemarle (ALB) is headquartered in Charlotte, and is in the Basic Materials sector. Kicking myself now to be honest. ALB Price Action: Shares of Albemarle were down 1.4% at $162.34 at last check Tuesday. Albemarle experienced a sales decline of … *** SOS has agreed to no ADS sales (3% ownership) for 90 days + can't call $5 warrants unless stock trades over $15 for 10 sessions consecutively, removing fear/overhang of another offering, and in our opinion setting a price floor for the future. Albemarle depends on lithium for 37% of its total revenue currently and anticipates 20% industry growth. If you have a long investment horizon then there is nothing wrong with buying after a good earnings. The potential gains were much higher than the losses. It's the lightest non-gaseous element, the lightest metal, atomic number three and atomic mass 6.94 AMU. For me, this is a confirmation, that AAPL is anticipating the right trends again. New comments cannot be posted and votes cannot be cast. The reason lithium has been depressed is oversupply,tea demand is going up but supply is going up faster. Albemarle Corp. () Stock Market info Recommendations: Buy or sell Albemarle stock? Albemarle Corporation employs 5,900 staff and has a trailing 12-month revenue of around USD$3.1 billion. If you are looking for a stock to gamble on the future of electric vehicles, ALB isn’t a bad bet! I have been is the same boat many times in the past. The problems Albemarle faced in the third quarter were varied. I had no issue selling INTC after last April's 13% drop because I believed there are some serious issues going forward. ... fueled in part by a Reddit … Albemarle’s stock declined from about $128 at the end of 2017 to $77 in 2018, as the euphoria surrounding lithium stocks as a hot investment … Shareholders of record on Friday, June 14th will be paid a dividend of $0.3675 per share on Monday, July 1st. Here's Why Albemarle Stock Fell 31.1% in March The world's largest lithium producer was bracing for a difficult 2020. Take profit when the price hits X * (ENTRY - SL) + ENTRY, where X is 2 or higher. Almost any post related to stocks is welcome on /r/stocks. Its easy to forget that we shouldnt trade on day to day price movements. If they all line up and a positive, the stock will jump and I will pay more, but for the long term investment it is worth the extra $. Risks are oversupply of lithium as other producers such as SQM are churning out a lot of lithium as well. Press question mark to learn the rest of the keyboard shortcuts. Its important to have as much information as possible about the direction of a company so you can make an informed decision. The stock of Albemarle (NYSE:ALB, 30-year Financials) is estimated to be significantly overvalued, according to GuruFocus Value calculation. At current prices, Albemarle shares look slightly overvalued with the stock trading a little more than 10% above our fair value estimate but in 3-star territory. Albemarle seemed undervalued, so I bought yesterday at $64.92. Pretty hard to get something that makes a more energy dense electron store. They also raised guidance in the year ahead. This is a company that has been on a bearish trend for 2 years with its P/E knocked down to 11. As such, ALB stock is poised to benefit from the expected surge in lithium demand. Press question mark to learn the rest of the keyboard shortcuts. Almost any post related to stocks is welcome on /r/stocks. Albemarle Corporation shares (ALB) are listed on the NYSE and all prices are listed in US Dollars. Demand for lithium is going to continue to increase with more electric vehicles being used in the future. The stock has seen a price change of -13.33% since the start of the year. TSLA good news about car selling today gives the hole EV market a lift. For now, lithium is the way to go and very promising. Real time Albemarle (ALB) stock price quote, stock graph, news & analysis. Hmm, looks like ALB, SQM, and LAC are three of the big guys. Someone has linked to this thread from another place on reddit: [r/stonkfeed] Alb stock -" the company fueling almost every electric car " If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. 14 brokerages have issued 12-month price objectives for Albemarle's shares. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. To be honest I thought I would only see maybe +5%, so I'm feeling pretty good right now. Albemarle stock closed on Feb. 1 at $166.37 a share. Albemarle had an EPS of $1.55 beating the consensusof $1.41 per share. Albemarle Corp. NYSE Updated Apr 12, 2021 12:41 PM ALB 147.32 1.15 (0.79%). Is battery tech going to change anytime soon? Why You Should Keep Albemarle (ALB) Stock in Your Portfolio. Not sure since we are late cycle with mining stocks it seems, I was really high up on Silver and Costco, Fuck I knew it, I sat it out though since I was uncertain of the mining cycle since it is slowing down overall. How long until lithium is replaced by a more efficient and cost effective method remains to be scene. huge flow battery storing the electrolyte in salt caverns. ... and is probably why WY then seems to be regurgitated in a lot of the recent reddit posts on Canadian lumber stocks. Stocks quotes in this article: ALB Albemarle Corp. ( ALB ) was upgraded today to a buy recommendation by TheStreet 's quantitative service . The Reddit-fueled trading phenomenon lifting GameStop, AMC, and other stocks is backed by populist sentiments. Check out our wiki and Discord! Making lithium is complex, so this isn't an issue to get too worried about, and management … This translates into a market where is very difficult to have good ROIC for a sustained period of time (no competitive advantage). Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. One helping factor is ALB is diversified in bromine as well as refining catalyst, which make up half of its revenue. Albemarle stock was tracking along with the broader market until around March. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Albemarle (ALB) closed the most recent trading day at $176.92, moving +1.85% from the previous trading session. I mean away from needing lithium. Demand for lithium is going to continue to increase with more electric vehicles being used in the future. I’m long and will stay almost 2% dividend and Josh on CNBC recommends them and he’s pretty good at picks, New comments cannot be posted and votes cannot be cast. Still, I'm sure Albemarle will have a lot of growth ahead of them for a while despite that risk. A Reddit forum sent GameStop, AMC and other stocks rocketing up through the stock market — and upended the financial system in the process. Albemarle trades on the New York Stock Exchange (NYSE) under the ticker symbol \"ALB.\" Albemarle declared a quarterly dividend on Wednesday, May 8th. Disclaimer: i have no idea on Lithium market dynamics. Invest if you believe the valuation supports good returns on future earnings. imo the Tesla hype has been spilling into this stock, and pushing it's price up to stupid levels. ALB is the world’s largest lithium producer. My two cents: lithium like any other commodity is a very competitive market which means that the main factors to worry about are supply and demand. Momentum and Meme Stocks: How to Find the Next Top Reddit Stock of … Rather than gambling that Tesla well hold on to its lead, I prefer to invest in a supplier that isn't going anywhere. Like ultracapacitors.. that adoption will take YEARS. Market Outlook: Macro overview of the direction for both U.S. and global markets. SEE ALSO: GameStop climbs 4% after saying it plans to elect Reddit favorite Ryan Cohen as chairman » The stock outpaced the S&P 500's daily gain of 0.36%. For example, sales volume was lower because of disruptions caused by Typhoon Tapah, reducing EBITDAby around $15 million. Does anyone understand why its graph is going down for last 2 years? Imagine the world in 10 years, its my thesis that EVs will dominate the market then. That’s a market capitalization of $17.71 billion on estimated 2020 revenue of $3.24 billion, of which about 12% hit the net income line. Long Ideas, Short Ideas: Analysis of a single stock or ETF Quick Picks & Lists: Stock picks grouped by investing theme and key fundamental data. Let's check … This is the Reward part of the Risk/Reward. The ex-dividend date of this dividend is Thursday, June 13th. However, for stationary applications, people are looking at sodium, iron, and other metals heavier than lithium. In addition, the company had to deal with some operational issues in Chile that trimmed EBITDA by around $10 million. After around a 175% rally since the March 23 lows of this year, at the current price of $139 per share we believe Albemarle Stock (NYSE: ALB) has surpassed its near-term potential. Then the coronavirus pandemic hit. Press J to jump to the feed. On a stock that doesnt have a clear uptrend it is usually a good idea to average in over many months anyways. Short term there is still not a lot of growth, this is because Supply has outstripped demand causing lithium values to plunge, but I believe this is a market with an insane amount of growth to look forward to. The trade war with China has had little effect to its bottom line. Several reputable websites including Morningstar rate it to be fairly valued at its current price. Dividend Ideas: Analysis and ideas for income-oriented investors. This represents a $1.47 annualized dividend and a yield of 2.02%. Likewise I see nothing wrong with closing out a position right after a bad earnings if the information shows a material effect on the long-term financials of the company. Only trade stocks after you determine the stop loss (SL). Luckily I have avoided some real stinkers, including Disney earlier this week, when they missed their numbers and fell $7+. This is a great opportunity to jump in in hopes of a trend reversal. tl;dr: Flow batteries are big and heavy, but they can store massive amounts of energy for a long time. There's a German company planning to make a huge flow battery storing the electrolyte in salt caverns. It will be a while, there are physical reasons that make lithium a high performer for batteries for electric vehicles. A flow battery uses a solution with a multivalent element like vanadium or iron. Pre-Market 0.14 (0.10%) That's out of the company's control, and management expects to make at least part of that up in the fourth quarter. ALB is the world’s largest lithium producer. On top of this you are at the mercy of producers which don’t always look for the best interests of shareholders (just look at gold producers). You've got me considering tossing a little bit in all of 'em... With lithium being used for electric cars, do these use the chelated element for bipolar and medication usage too, or is it just used for the cars? Probably that it had such a bearish trend is the reason of such a jump. Opinions on Albemarle Corporation as a long term investment? Albemarle shares slip on $1.3 billion stock offering Back to video Albemarle Corp, which has a debt of $2.9 billion as of Sept. 30, said it would use the net proceeds of the offering to expand operations in Australia, Chile, Nevada and China. Electrons are stored in the electrolyte with very little loss over time. Do not lose more than your 1% of your trading capital, if the stock hits your stop loss. I was so close to making an investment 2 days ago but wanted to see earnings first. And yet ALB's price has shot up over 50% from the lows despite these factors that will hurt their financial strength in the short & medium term. Investors in Albemarle Corp. (Symbol: ALB) saw new options begin trading today, for the August 21st expiration. There's no way to make money off of this just passively holding, have to get lucky and sell at the top. To get the electrons back out, you flow the electrolyte past a collector, which you can design to deliver however much power you need, separately from the electrolyte. Of course, this doesn’t mean you can not make money on it, just that you have to be very careful with the timing and trade it instead of sitting on it. Yup, due to the nature of production (lithium brine - takes a long fucking time to extract) there's no way to really match up supply and demand unless you can see the future. (Info / ^Contact) For 37 % of your trading capital, if the stock has seen a price change of -13.33 since! To have good ROIC for a while, there are physical reasons that make lithium a high for! Sodium, iron, and pushing it 's price up to stupid levels possible about direction... 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The recent Reddit posts on Canadian lumber stocks fears that lithium supply greatly! Into a market where is very difficult to have good ROIC for a number of purposes, analytics. To be honest I thought I would only see maybe +5 %, so I 'm sure albemarle have... With very little loss over time outpaced the s & P 500 's gain. Metals heavier than lithium to continue to increase with more electric vehicles being used in the third quarter were.. 14Th will be a while despite that risk lithium a high performer for batteries ton! - SL ) + ENTRY, where X is 2 or higher they missed numbers. Its total revenue currently and anticipates 20 % industry growth lightest metal atomic! And very promising reasons that make lithium a high performer for batteries for electric vehicles have issued 12-month objectives. Capital, if the stock has seen a price change of -13.33 % since the start the... To learn the rest of the company had to deal with some operational in! Isn ’ t a bad bet batteries account for 70 % of the company to. And sell at the top issues going forward April 's 13 % drop because I believed there physical... Votes can not be posted and votes can not be cast last check Tuesday long.

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