ALB Weekly

ALB

“Albemarle said Tuesday it has secured a $90 million grant from the US Department of Defense to support the reopening of its lithium mine in Kings Mountain, North Carolina.” (9/12/23)

48.4% upside (finbox models)
4.5% Free cash flow yield (prefer greater than 7%)
Piotroski Score 7 (excellent)
24.1 % return on invested capital (excellent)
consistent earnings beats
PEG ratio .4 (exceptional)
49.38% ROE
Debt to Equity 36.32%

Strategy;

You have a triple bottom at a key pivot area, right on the 50% fib retrace. Gartley, Gann, Wyckoff, and everyone else would tell you this is a good entry area.
Chart PatternsGannTrend Analysis

Отказ от ответственности