Tag: ALB

  • It’s Time to Buy Weakness in Albemarle

    It’s Time to Buy Weakness in Albemarle

    Keep an eye on Albemarle (ALB). With electric vehicle demand accelerating again, and lithium prices bottoming out, ALB could push aggressive higher. At the moment, it’s again challenging support dating back to February, where it tends to bounce. In February, for example, it bounced from about $110 to $142.50. In March it bounced from about…

  • Albemarle Has Become an Oversold Bargain

    Albemarle Has Become an Oversold Bargain

    Lithium stocks, like Albemarle (ALB) plummeted on supply issues.  For one, a good deal of fear has been priced into the lithium stock. Two, with lithium prices showing signs of life again, it’s time to buy the beaten-down giant. Three, ALB just declared a 40-cent dividend, which is payable on July 1 to shareholders of…

  • Lithium Stock Weakness is an Opportunity

    Lithium Stock Weakness is an Opportunity

    Weakness in lithium stocks is an opportunity. While many of them pulled back in recent weeks, it’s temporary.  After all, with lithium demand expected to explode about eight times over by 2040, finding new lithium deposits has become top priority. Plus, supply still can’t keep up with demand, as the world goes green. Look at…

  • Lithium Stocks Racing Higher on Supply Concerns

    Lithium Stocks Racing Higher on Supply Concerns

    Lithium stocks are gaining momentum, as hoped. For one, as we said on August 27, “Lithium stocks were decimated over the last few weeks. But the pullback is overdone.” Two, the supply-demand issue is only expected to get worse. According to CNBC, “The world could face a shortage for lithium as demand for the metal…

  • Lithium Stock Weakness is a Buy Opportunity

    Lithium Stock Weakness is a Buy Opportunity

    Lithium stocks were decimated over the last few weeks. But the pullback is overdone. For one, according to SQM, it’s “confident that the boom in electric vehicle (EV) sales will be a crucial driver of global demand for the soft white metal. Electric vehicle sales worldwide are expected to rise by around 30% this year,…

  • Top Reasons to Invest in Oversold Lithium Stocks

    Top Reasons to Invest in Oversold Lithium Stocks

    Lithium stocks are now ridiculously oversold. And most are starting to bounce back. All thanks to increased demand for electric vehicles, and the same supply-demand issue the world has been facing for quite some time. Automakers are so concerned about supply for EV batteries, they’re racing to secure supply. For instance, Albemarle will deliver more than 100,000…

  • There’s Still Time to Buy the Dip in Albemarle

    There’s Still Time to Buy the Dip in Albemarle

    “Pay close attention to oversold lithium stocks, like Albemarle (ALB),” we said on July 31. “After dropping from about $240 to $209.13, the ALB stock appears to have caught strong support and could pivot higher again shortly.  It’s also oversold on RSI, MACD, and Williams’ %R, and could potentially run back to $240 on the…

  • Use Weakness in Lithium Stocks as a Buy Opportunity

    Use Weakness in Lithium Stocks as a Buy Opportunity

    Pay close attention to oversold lithium stocks, like Albemarle (ALB). After dropping from about $240 to $209.13, the ALB stock appears to have caught strong support and could pivot higher again shortly.  It’s also oversold on RSI, MACD, and Williams’ %R, and could potentially run back to $240 on the strength of the lithium story.…

  • This is Why Lithium’s 800 lb. Gorilla is Heading Higher

    This is Why Lithium’s 800 lb. Gorilla is Heading Higher

    Albemarle (ALB) – the lithium sector’s 800 lb. gorilla – could see higher highs. For one, as we noted on May 22, “After a brief pullback, the supply-demand issue is forcing lithium prices higher again. Even analysts at Citigroup just said the collapse in lithium price is likely to be over, and prices could rebound…

  • Here’s Why Albemarle Could Race Even Higher

    Here’s Why Albemarle Could Race Even Higher

    Lithium stocks, like Albemarle, are on the run. For one, lithium prices are on the rebound. After a brief pullback, the supply-demand issue is forcing lithium prices higher again. Even analysts at Citigroup just said the collapse in lithium price is likely to be over, and prices could rebound by as much as 40% by…