NYSE:ALBChemicals
Albemarle (ALB) Could Be 27% Undervalued On Lithium Expansion Plans
Albemarle (ALB) is back in focus after the board appointed Max W. Hood as Chief Accounting Officer, shortly after outlining lithium capacity expansion projects tied to electric vehicle and energy storage demand.
Over the past month, Albemarle’s share price return of 20.62% has recovered some ground after a 22.14% decline over the past 90 days. A 63.94% total shareholder return over the past year contrasts with weaker three and five year total shareholder returns, suggesting short term...