Down 61%, This Is the Biggest Risk to Albemarle Stock (and Why It's Still a Buy)

By Jason Hall and Tyler Crowe – Nov 14, 2023 at 5:03AM

NYSE: ALB

Albemarle

Market Cap

$14B

Today's Change

(1.65%) $1.90

Current Price

$116.88

Price as of April 26, 2024, 4:00 p.m. ET

The world's biggest consumer -- and producer -- of lithium lurks.

Shares of Albemarle (ALB 1.65%) have crashed on falling lithium prices and weak near-term demand. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what the biggest risk is that threatens the business, and whether it's worth buying despite that risk.

*Stock prices used were from the morning of Nov. 10, 2023. The video was published on Nov 13, 2023.

Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.