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An Opportunity to Buy This Lithium Stock Is Emerging Now

Improved pricing, a better supply/demand balance, and cost-cutting efforts are lining up.

By Jason Hall and Tyler Crowe – May 18, 2024 at 10:02AM EST

In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at lithium mining giant Albemarle (ALB 2.12%), which has struggled over the past year with weak demand and falling lithium prices. With pricing stabilizing and signs that demand and supply are improving, it's looking more and more attractive.

*Stock prices used were from the afternoon of May 14, 2024. The video was published on May 17, 2024.

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

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.

Stocks Mentioned

Albemarle Stock Quote
Albemarle
NYSE: ALB
$201.15
(-2.13%)-$4.37

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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