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Albemarle Corporation (ALB) Shows Strength: Stock Up 9.8%
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Albemarle Corporation (ALB - Free Report) was a big mover last session, as the company saw its shares rise almost 10% on the day. The upside was driven by the company’s strong full-year 2016 results and record cash flow from operations. This also led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $91.19 to $94.75 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Albemarle Corporation currently carries a Zacks Rank #2 (Buy).
Is ALB going up? Or down? Predict to see what others think: Up or Down
Everything You Need to Know About Snapchat BEFORE It Goes Public
You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around $22 billion, it is expected to be the largest IPO since 2014. But should you snap up this tech stock on Day 1?
In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges. You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months.
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Albemarle Corporation (ALB) Shows Strength: Stock Up 9.8%
Albemarle Corporation (ALB - Free Report) was a big mover last session, as the company saw its shares rise almost 10% on the day. The upside was driven by the company’s strong full-year 2016 results and record cash flow from operations. This also led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $91.19 to $94.75 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Albemarle Corporation currently carries a Zacks Rank #2 (Buy).
Albemarle Corporation Price
Albemarle Corporation Price | Albemarle Corporation Quote
Another favorably-ranked stock in the Chemical – Diversified industry is Univar Inc. , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ALB going up? Or down? Predict to see what others think: Up or Down
Everything You Need to Know About Snapchat BEFORE It Goes Public
You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around $22 billion, it is expected to be the largest IPO since 2014. But should you snap up this tech stock on Day 1?
In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges. You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months.
Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the latest scoop. Download this IPO Watch List today for free >>