Albemarle (ALB) Gets a Red Light from Jim Cramer
From Yahoo Finance.: 2025-04-28 11:20:00
Jim Cramer discussed the AI data center industry, noting strong demand. He mentioned major AI companies and speculated on the market’s future. Hedge funds show interest in stocks discussed on CNBC, outperforming the market. Cramer advised against investing in Albemarle Corporation due to concerns about declining lithium prices.
In a recent investor letter, the London Company Large Cap Strategy revealed they sold their remaining position in Albemarle Corporation due to concerns about declining lithium prices and weaker demand for electric vehicles. ALB ranks 9th on Jim Cramer’s radar list, but under-the-radar AI stocks may offer better returns. Check out the report on the cheapest AI stock for more promising options.