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Albemarle Corp
 
ALB  - NYSE
- Look For 50% Advance - Gaps Up On Open

Watch This Stock  On The Move  - Buy List 
Top Miner - Wall Street Daily 
 
10 Day Chart



ALERT 

These shares have advanced nicely over the past 10 days . This lithium miner is in the HOT lithium sector .

This stock topped out last year at $145 and we feel these shares could run back and test those levels. A Power Trader Buy  

Wall Street Daily 

Albemarle +6% after following strong Q2 with added $250M stock buyback

|About: Albemarle Corporation (ALB)|By:, SA News Editor 

Albemarle (ALB +6.2%) surges as much as 7% after saying it would double its stock buyback for the year to $500M, in addition to reporting better than expected Q2 earnings and revenues as well as above-consensus guidance on full-year earnings.

"We believe the stock is currently undervalued," CEO Luke Kissam said during today's earnings conference call.

For FY 2018, ALB expects EBITDA in its lithium business to increase by the low- to mid-20s as a percentage, driven by strong volume and price improvements, primarily in its battery grade product portfolio; the company forecasts overall EBITDA of $990M-$1.02B vs. earlier guidance of $955M-$1B.



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