Valued at a market cap of $19.9 billion, Albemarle Corporation (ALB) provides energy storage solutions. The Charlotte, North Carolina-based company serves grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical device industries.
This specialty chemicals company has significantly outpaced the broader market over the past 52 weeks. Shares of ALB have rallied 95.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.2%. Moreover, on a YTD basis, the stock is up 10.6%, compared to SPX’s marginal downtick.
