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MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

As Gold Surges, Albemarle Stock May Be the Next to Pop

The commodities market has taken investors by surprise in the past few days, especially as the prices of gold and silver have surged, shaking up most beliefs about where money should be flowing. The sort of conclusions that can be drawn from this behavior are several, but one fact that stands out is that some stocks in the basic materials sector will likely have to play catch-up to these runs.

One of the standouts in the space is seen in shares of Albemarle Co. (NYSE: ALB). While this mining company is more focused on the lithium side of things, the rise (and rise) of gold and silver will likely be a leading benchmark for other chemicals and metals to tag along in their momentum.

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