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Aug 14

New Side-Hustle: Seeking Alpha!

Another Side-Hustle in my Pocket!

If you have followed me for some time then you know I am always looking for new ways to make money by side-hustles.

Whether it is by thrifting and reselling.

Travel hacking a road trip.

Earning thousands of dollars worth of cryptocurrency writing on Steemit.com.

Or building a stock portfolio that pays dividends… literally.

I was especially eager to try a side-hustle using the skills I have learned writing articles for my blog and my passion for investing and finance.

To that end, I became registered to be a contributing author for https://SeekingAlpha.com – a major financial article website. Today my first article was published!

Seeking Alpha pay $35 for an exclusive article plus a penny per view. The average article earns between $60-70.

My article is about the specialty chemical and lithium miner, Albemarle. Due to the lithium craze, the stock price has risen too far, too fast and is far above any historical price to earnings comparison.

If you are interested here is a tidbit and link to it (There is a really good chart to show you what I mean about the price):


Albemarle: Great Company, Strong Sell

 

In my analysis, I show that Albemarle is greatly overvalued, likely in a bubble, and is a strong sell.

Albemarle has a wide portfolio of specialty chemicals, including lithium, but is being valued as if it were a pure play lithium producer.

Even with growth rates around 20% it will take years for earnings to catch up to the current price. Don’t fall for the hype of the herd.

Rising lithium prices have created a bull run in lithium producers since early 2016. With Albemarle (ALB) being one of the world’s largest lithium producers, it comes as no surprise that its stock price has risen as well.

Its stock price has increased from about $53 in January of 2016 to over $123 on August 7th, 2017. My analysis shows that it has risen far above any reasonable valuation and is now a strong sell.

Read more: https://seekingalpha.com/article/4098809-albemarle-great-company-strong-sell


Let me know what you think of my article down below!

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