September 25, 2020 @ 10:43 pm | ALB, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, SQM |
On Wednesday, September 23, shares of Albemarle (ALB) and SQM (SQM), the two dominant lithium producers in the world, fell 11.56% and 11.82%, respectively, on an announcement at Tesla’s (TSLA) Battery Day that the electric car maker would start its own lithium...
June 11, 2019 @ 7:30 pm | ALB, Breaking News, FQVLF, Jubak Picks Portfolio, Jubak Top 50 Portfolio, SCCO, SQM, Volatility |
I think the strong move in commodities stocks today has more to do with continued weakness in the U.S. dollar than it does with any renewed faith in growth in the global economy. After all the U.S.-China trade war doesn’t look any more settled today than it did...
February 21, 2019 @ 7:52 pm | ALB, Breaking News, Jubak Picks Portfolio, Update |
After the market close yesterday, Albemarle (ALB) announced fourth quarter 2018 earnings that beat Wall Street earnings estimates of $1.47 by 6 cents a share and reported revenues grew 7.4% year over year to $921.7 million, against the $894.5 million consensus. The...
August 10, 2018 @ 7:40 pm | ALB, Breaking News, Buy, Jubak Picks Portfolio |
Who says the collapse of the Turkish lira and of the Turkish stock market isn’t good news for anyone? While it’s certainly true that the troubles in Turkey–which have become worse as the country’s relationship with the United States has tipped...
January 19, 2018 @ 7:38 pm | ALB, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, SQM, Update |
The announcement of a deal between Sociedad Química y Minera de Chile (SQM) and Chile’s development agency CORFO that resolves a long-standing dispute on royalty rates and that would allow SQM to expand lithium production from the brines at government-owned...
February 28, 2017 @ 7:32 pm | ALB, Jubak Top 50 Portfolio, Update |
I’d never suggest you should ignore the numbers–for the fourth quarter lithium and bromine producer Albemarle (ALB) reported earnings of 78 cents a share, 5 cents a share more than Wall Street was expecting. But the big news the company had to report for...
February 17, 2017 @ 7:52 pm | ALB, Buy, Jubak Top 50 Portfolio |
On Tuesday, since U.S. markets are closed on Monday, I’ll be adding shares of Albemarle (ALB) to my long-term 50 Stocks portfolio. The shares closed at $91.92 on Friday, February 17. After the 2015 acquisition of Rockwood Holdings, Albemarle is the world’s...