https://www.********/investing/2018/05/16/lithium-stock-why-wall-street-right-to-be-bullish.aspx
This Lithium Stock Just Showed Why Wall Street Is Right to Be Bullish
May 16, 2018 at 11:44AMMaxx Chatsko
Many analysts expected lithium prices to fall this year after soaring to all-time highs in 2017. That seemed reasonable, but the projection didn't even survive the first quarter of 2018.
Albemarle (NYSE:ALB), the world's top lithium producer, said it expects lithium prices to actually rise by high single digits this year compared to last year's averages. That will help the specialty chemicals leader deliver a full-year adjusted EBITDA margin of over 40% for its lithium segment, which continues to carry the business.
That's not all. Albemarle responded to recent bearish outlooks for the global lithium industry with its own projected breakdown of the market in 2025. If it proves correct, then shareholders are in store for continued gains for years to come.
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