From Yahoo Finance: 2025-06-14 13:54:00

Albemarle Corporation (NYSE:ALB) remains a top pick for investors as Bank of America Securities maintains a buy rating with a price target of $93.00. The company’s shares closed at $62.30. Among the biggest lithium producers, Albemarle is a key player in the electric vehicle market.

Albemarle Corporation (NYSE:ALB) reported $1.08 billion in revenue and $41.35 million in net profit for the most recent quarter. This is compared to $1.36 billion in revenue and $2.45 million in net profit from the previous year. The company is a leading manufacturer of specialty chemicals.

With a focus on lithium for batteries in electric vehicles, Albemarle Corporation (NYSE:ALB) is a global leader in energy storage materials. The demand for lithium continues to grow, making the company a key player in the industry. Investors are keeping an eye on the potential growth of Albemarle as an investment.

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Read more: Bank of America Securities Keeps a Buy Rating on Albemarle Corporation (ALB)