The Next Nvidia?
Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.
| Open | 137.26 | Prev Close | 127.57 |
| High | 137.50 | Low | 126.65 |
| Volume | 3,929,707 | Volume (Avg) | 3,308,784 |
| 52 Week High | 187.87 | 52 Week Low | 48.22 |
| Market Cap | 17.8B | PE Ratio | 46.02 |
General
| Name | Albemarle Corporation |
| Ticker | ALB |
| Exchange | NYSE |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 5,900 |
About Albemarle Corporation
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine Specialties, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine Specialties segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines, biocides, disinfectants, and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection, and custom chemistry services markets. Albemarle Corporation was incorporated in 1993 and is headquartered in Charlotte, North Carolina.
Highlights
| Analyst Target | 147.07 |
| Market Cap | 17,788,712,960 |
| PE Ratio | 46.02 |
| PEG Ratio | 2.95 |
| EBITDA | 781,822,976 |
Valuation
| Trailing PE | 43.33 |
| Forward PE | 44.84 |
| Price/Sales (Trailing 12 Mt.) | 5.32 |
| Price/Book (Most Recent Quarter) | 4.26 |
Technicals
| Beta | 1.58 |
| 52 Week High | 187.87 |
| 52 Week Low | 48.22 |
| 50 Day Average | 156.05 |
| 200 Day Average | 131.00 |
Dividend
Albemarle Corporation pays out a dividend of $1.54 per share, with a dividend yield of 1.25%.
ALB's last dividend payment was made to shareholders on April 1, 2021.
They pay out 37.50% of their earnings out as a dividend.
Recent Dividends
| Apr 1, 2024 | $0.40 |
| Jan 2, 2024 | $0.40 |
| Oct 2, 2023 | $0.40 |
| Jul 3, 2023 | $0.40 |
| Apr 3, 2023 | $0.40 |
| Jan 3, 2023 | $0.40 |
| Oct 3, 2022 | $0.40 |
| Jul 1, 2022 | $0.40 |
Philadelphia still the 6th-biggest U.S. city, but San Antonio catching up, census data shows
PHILADELPHIA (AP) — New federal estimates show Philadelphia remains the nation's sixth-most-populous city, despite a decline in population throughout the pandemic.
Embed-Chart-Off The Charts-Home Inventory-For Sale, ADVISORY
OFF THE CHARTS-HOME INVENTORY — Chart. More homes are on the market than a year ago, but rising mortgage rates remain a hurdle for many. This chart is current as of 05 15, 2024 and will not update. Sources: Realtor.com; Freddie Mac. Click for a .
Could Elon's New Device be Bigger than the iPhone? - Ad
According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.
Amid Nvidia Craze, Jim Cramer Sees A Chip Stock 'Not On Anyone's Radar' About To Break Out: Here's What He Said
Despite it not being on anyone's radar, Jim Cramer believes that Broadcom is about to break out.
Trump Meets With DeSantis, Noem Stirs Up Controversy: How Will Republican Vice President Betting Odds Be Impacted?
The relationship between Donald Trump and Ron DeSantis was heated at times during the Republican primary season, before the Florida governor dropped out of the 2024 presidential election and threw his support behind the
Forget AI...THIS Is Way Bigger - Ad
While the world has been obsessed with AI and ChatGPT... Jeff Bezos has quietly gone all in on a technology that's going to prove to be FAR bigger. If you've never heard of "QaaS" technology you need to
Elon Musk Causes Stir With Response To Professor's Ominous Prediction Of Civil War 'Coming To The West'
Elon Musk raised eyebrows with his recent tweet affirming a prediction of a civil war in the West.
Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice
Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies.
Is This Nvidia's Secret Weapon? - Ad
You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.
Donald Trump Says He's Not Concerned About His Legal Challenges: 'In A Way, I Don't Care ... Life Is Life'
In a recent private donor event in Florida, former President Donald Trump appeared unfazed by his ongoing legal issues.
Wall Street Stares At Weaker Open On Rate Anxiety, Hopes For Better Earnings: Analyst Pencils Key S&P 500 Support Level
Trading in U.S. index futures suggests stocks may be off to a lackluster start again on Thursday.
41 Banks Launch Radical New Tech -- Is Yours Next? - Ad
Your bank could soon adopt a powerful new technology that'll have some big implications for your money. At least 41 different banks are already rolling it out, with official support from the Federal Reserve. These changes could leave many people in the dark, but you don't have to be one of them.
The SEC charges Trump Media's newly hired auditing firm with 'massive fraud'
SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company.
In unusual push, funders band together to get out grants around election work 'early'
A small portion of the billions spent around the November election will go to nonprofits working to around the country. And usually, those funds flood into counties and cities right before .
Regime Change At Federal Reserve? - Ad
The Fed just began the rollout of a new technology that'll "shake the US financial system". It'll likely go down in history as the biggest change to money since Western Union launched its "lightning lines" in the early days of the telegraph.
Hope Hicks Testifies On Trump's Ex-Lawyer Michael Cohen's 'Mr. Fix It' Moniker: 'Only Because He Broke It First'
The criminal trial against Donald Trump saw former Trump aide Hope Hicks take the stand Friday and discuss Michael Cohen and the "Access Hollywood" tape.
'Ozempic Ftw:' Elon Musk Touts Novo Nordisk's Blockbuster Drug As Solution To Childhood Obesity Problem
This is not the first time the tech mogul has seemingly backed the blockbuster drug. Last year, Musk claimed that Ozempic was affecting food sales at Walmart.
Buy Alert: Invest in This Coin Before... [Details Inside] - Ad
Today, Ian issued a new "buy alert. He's calling this one "the greatest investment in history," and adds: "All my data is clear. It will be 20X bigger than bitcoin. "But you'll want to invest before the upgrade date.
China's president arrives in Europe to reinvigorate ties at a time of global tensions
PARIS (AP) — Chinese President Xi Jinping kicked off a three-country on Sunday with the continent divided over how to deal with Beijing's growing power and the U.S.-China rivalry.
Nobel Laureate Joseph Stiglitz Warns 'Reelection Of Trump Would Be A Disaster'
Nobel laureate Joseph Stiglitz emphasized that freedom should not come at the expense of others.
Biggest Hedge Fund Manager Has Huge Warning for U.S. Dollar." - Ad
Ray Dalio, the founder of Bridgewater has gone public with a huge waning about the U.S. dollar. He says: "We are printing too much... money as we know it is in jeopardy." Multi-millionaire analyst Porter Stansberry agrees and says a very lucrative new form of money is emerging in America. Should you get it? Stansberry explains full story here...
Despite Bitcoin Hitting $64K, Analyst Says King Crypto Remains In 'Prime Buy Zone'
Bitcoin (CRYPTO: BTC) has surged to $64,000, but a key metric indicates that it’s still in a “prime buy zone,” according to a prominent crypto analyst.
Trump's Niece Says Ex-President Has Made It Clear He Wants To Be Authoritarian Upon Returning To Office: 'Once That Happens, He Will Not Be Stopped'
Trump's niece suggests that her uncle has a split personality, emphasizing that people are not paying enough attention to his negative traits.
This Is Where the World's Richest Men Are Putting Their Money - Ad
Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."
'Charlie And I:' Warren Buffett Reminisces About Late Friend, Whom He Credits As 'Architect Of Today's Berkshire'
Warren Buffett's trusted confidant, Charlie Munger, continues to have a lasting impact on the billionaire investor, evident in Buffett's frequent references to Munger during the shareholder meeting.
Three groups are suing New Jersey to block an offshore wind farm
LONG BEACH TOWNSHIP, N.J. (AP) — Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned off the coast of Long Beach Island.
Central Banks Buying Gold in Record Numbers - Ad
Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).
Angel Reese, Cardoso debuts watched widely on fan's livestream after WNBA is unable to broadcast
The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media who stepped in when the league's app couldn't broadcast the game.
Tesla's Board Chair Pleads For Reapproval Of Elon Musk's Controversial $47 Billion Compensation: 'Incredibly Important For The Future Of The Company'
Robyn Denholm, the chair of Tesla Inc. (NASDAQ: TSLA)'s board of directors, pleaded with shareholders on Friday to reapprove CEO Elon Musk's $47 billion pay package,
The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad
This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".
Microsoft's Satya Nadella To Employees: 'Prioritize Security Above New Features'
CEO Satya Nadella drives Microsoft's security overhaul in response to recent cyber threats, prioritizing protection post-breaches.
Last Week's Worst-Performing Stocks: Are These 15 Large-Cap Stocks In Your Portfolio? (April 28-May 4, 2024)
15 large-cap stocks had a rough week, with CVS, Starbucks, and DoorDash all taking major hits. Analysts have lowered price targets on many.
This Stock Could Go Up 66% or More - Ad
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Get his latest buy here.
Deepfake of principal's voice is the latest case of AI being used for harm
The most recent criminal case involving artificial intelligence , where police say a principal was framed as racist by a fake recording of his voice.
Fraudsters target small businesses with scams. Here are some to watch out for
NEW YORK (AP) — It's never fun to be scammed, but if you're a small business owner then falling for a scam can have long-lasting effects on a business, damaging client relationships and profit.
Nvidia's Secret Partner... This Is the New AI Chip Powerhouse - Ad
One unknown AI startup could match or even exceed AI's biggest runs in the coming years. Why? Because its technology solves the biggest problem holding back AI. It's a critical component that the industry can't advance without. This company just went public, so right now, it's under the radar.
Binance founder Changpeng Zhao faces sentencing; US seeks 3-year term for allowing money laundering
SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform.
Want to spend the night in a Paris museum or a house owned by Prince? Airbnb plans to list them
In a mad mix of game-show glitter and marketing flash, is offering customers a chance to spend a night in a Paris museum, stay in houses mocked up to look like movie settings, or sleep surrounded by eight Ferrari racing cars.
One Crypto Can Change Your Financial Life - Ad
The catch is you won't be able to become a millionaire by buying Bitcoin today. There are five little-known coins I've discovered that I believe will skyrocket over the course of the next few months.
Poland is still not ready to adopt the euro, its finance minister says
WARSAW, Poland (AP) — Twenty years after joining the European Union, Poland is still not ready to adopt the euro currency, the finance minister in the pro-European Union government said.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.