Jim Cramer on Albemarle: "Don't Know Where This One's Coming From"

Albemarle Corporation (NYSE:ALB) is one of the top 10 S&P 500 winners of the day that Jim Cramer highlighted. The stock was discussed by Cramer during the episode, and the Mad Money host said:

“Next is Albemarle. This is a chemical company that produces lithium. I honestly don’t know where this one’s coming from. We haven’t suddenly seen a surge in electric vehicle sales that I’ve seen, or any tax credits in the Congressional bill. It’s a broadening out mystery, could be happening.”

Albemarle (NYSE:ALB) delivers energy storage and specialty chemical solutions, and the company provides lithium compounds, bromine products, and advanced catalyst technologies. The company’s products and solutions support industries such as electric vehicles, pharmaceuticals, electronics, aerospace, and clean energy. In a March episode of Mad Money, Cramer said that he wants to stay away from it. He remarked:

“I can’t go, I can’t go with it. I can’t go. I’ll tell you why I can’t go with it because in the end we, I, we forgot about EVs. I mean like, you know, we like, pretty soon, we’re going to be like buying gas guzzlers. I want to stay away from that one, but so does everybody else. That’s the only problem.”

While we acknowledge the potential of ALB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.