5 Best Mining Stocks To Buy Now

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In this piece, we will take a look at the 5 best mining stocks to buy now. If you want to go through our analysis of the mining industry, head on over to the 13 Best Mining Stocks To Buy Now.

5. Albemarle Corporation (NYSE:ALB)

Number of Hedge Fund Holders: 37

Headquartered in Charlotte, North Carolina, Albemarle Corporation (NYSE:ALB) is a specialty chemicals manufacturing company operating through three main divisions: lithium, bromine specialties, and catalysts. Albemarle has established itself as the primary supplier of lithium for electric vehicle batteries, achieving this status by the year 2020.

As of the conclusion of Q3 2023, 37 hedge funds expressed a bullish outlook on Albemarle Corporation (NYSE:ALB), disclosing holdings valued at $274.3 million. The overall sentiment among hedge funds for the stock is optimistic. Philippe Laffont’s Coatue Management stands out as a prominent investor in Albemarle Corporation (NYSE:ALB), holding stakes valued at $100.5 million as of the third quarter.

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