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Albemarle Corporation (ALB) [hlAlert]

down 31.66 %

Albemarle Corporation (ALB) rated Underperform by Oppenheimer

Posted on: Tuesday,  Nov 18, 2008  8:25 AM ET by Oppenheimer

Oppenheimer rated Underperform Albemarle Corporation (NYSE: ALB) on 11/18/2008, when the stock price was $21.80. Since then, Albemarle Corporation
has gained 46.33% of its value until Oppenheimer rated ALB Perform on 08/06/2009, when the price was $31.90.
If you would have followed this Oppenheimer's recommendation on ALB, you would have lost 31.66% of your investment in 261 days.

Albemarle Corporation is a major producer of fine and performance chemicals including polymer intermediates, cleaning product intermediates and additives, agricultural chemical intermediates, pharmaceutical intermediates, catalysts, brominated flame retardants, bromine chemicals and potassium and chlorine chemicals.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/16/2011 8:25 AM Sell
as of 12/24/2008
1 Week down  -2.56 %
1 Month down  -23.86 %
3 Months down  -24.77 %
1 YTD down  -24.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2009 8:25 AM None
11/18/2008 8:25 AM Sell

(*) Stock Price at the time of the recommendation.
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