During the electric vehicle boom and bust spanning from late 2022 through mid-2025, Albemarle (ALB) shares fell from over $300 to a low of $49.43. In the last five days, ALB stock gained 8.93% to close at $96.50. Short sellers hold a 13.16% short interest in the lithium miner.
Last month, China allowed Contemporary Amperex Technology to resume production of lithium. Since then, Albemarle, SQM (SQM), Lithium Americas (LAC), and Lithium Argentina (LAR) piqued trader interest. Watch for ALB stock to rally toward $100.00.
Watch for the bounce in Kenvue (KVUE) to continue today. Shares gained 4.73% on Thursday on no news. The Trump attack on its Tylenol product is disappearing. KVUE stock is attractive from here. The dividend yield is 5.16%. In addition, the stock is inexpensive at a price-to-earnings ratio of 15.6 times.
E-Commerce firm MercadoLibre (MELI) is recovering from a recent slump. Shares found support in the $2150 - $2,200 range. The Brazilian firm plans to start selling pharmaceutical products online. It acquired a physical drugstore in São Paolo. As a result, it is permitted to sell medicines online.
Brazil will be this Uruguay-based firm’s biggest market.
Investors should consider adding to MELI stock whenever it dips. The long-term performance continues to reward long-term investors.
