Albemarle (ALB) is the world's largest producer of lithium, a critical raw material for electric vehicle batteries. The company reported $12.1B in revenue and $1.8B in net income for its most recent fiscal year. Albemarle's lithium segment revenue grew 46.9% year-over-year in the last quarter, driven by a 52.2% increase in lithium prices. Its lithium EBITDA margins expanded from 38.4% to 43.1% over the same period. Albemarle's ability to raise prices amidst surging EV demand is a clear indication of its market dominance and pricing power in the lithium industry. This margin expansion is translating directly to the bottom line. Albemarle generated $1.1B in free cash flow over the last 12 months, up 27.6% year-over-year. The company's cash flow has grown at a 15.9% annualized rate over the past 3 years. Albemarle's expanding cash flows provide it with significant financial flexibility to invest in growth initiatives, reduce debt, and return capital to shareholders through dividends and buybacks. Given Albemarle's lithium leadership, attractive industry fundamentals, and strengthening cash flow profile, I expect the stock to reach $350 within the next 6 months. This represents an 18.9% upside from the current price of $294.10. The combination of Albemarle's dominant market position, pricing power, and rising profitability make it a compelling long-term investment in the fast-growing EV supply chain.