Feb. 12 at 4:04 PM
$ALB shares soared 116.5% in the past year compared with the Zacks Chemicals Diversified industryās 11.9% decline ā what's driving this growth? š
š Energy Storage sales surged 23.1% YoY, beating estimates with higher volumes and pricing.
š¼ Strong cash position with
$1.618B, up significantly from the prior year.
See why ALB is a Zacks Rank #1 pick š https://www.zacks.com/stock/news/2862875/alb-q4-earnings-miss-revenues-beat-on-higher-volumes-pricing?cid=sm-stocktwits-2-2862875-body-33350&ADID=SYND_STOCKTWITS_TWEET_2_2862875_BODY_33350