02.09.2025 17:48:04
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These Were the 2 Top-Performing Stocks in the S&P 500 in August 2025
When all was said and done, last month ended up being a decent one for the broad market. The S&P 500 (SNPINDEX: ^GSPC) ended August 1.9% above where it started. For a couple of S&P 500 stocks, however, the month was far better.Chemical company Albemarle (NYSE: ALB) was August's biggest S&P 500 winner, up a little more than 25% after China's Contemporary Amperex Technology Company shut down operations at one of the world's biggest lithium mines. Since Albemarle also owns and operates lithium mines, a diminished supply of the metal used to make electric vehicle batteries creates greater demand for Albemarle's products.That being said, the stock had the advantage of hitting the ground running early in the month. Albemarle's second-quarter sales of $1.3 billion and non-GAAP (adjusted) per-share income of $0.11 reported at the very end of July were both better than expected, while the bottom line was considerably better than analysts' estimates for a loss of around $0.84 per share.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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