Today's article will discuss Albemarle (ALB), a long-term investment of mine that I have been holding since mid-2015. As the stock has come under pressure in 2018, I wanted to lay out and explain some of the risks/fears as well as my investment thesis for this position. The key elements of my investment thesis are:
- Albemarle is a clear market leader with best-in-class assets. Its deep know-how and global asset base differentiate it vs. competitors and positions it well to execute its growth strategy.
- The Company benefits from strong secular tailwinds, particularly