Investopedia: At The Right Price, Albemarle Would Be A Great Idea
There's a big difference between commodity chemical companies and
specialty chemical companies - both can make you money, but companies
with more of a commodity orientation have to be sold more nimbly. That's
not to say, however, that investors can just buy a company like Albemarle (NYSE:ALB)
whenever they may like. While this is a very interesting and well-run
chemical company, today's valuation doesn't offer much discount despite
multiple challenges to the business.