When the stock market recovers from a crash, there are always stocks we wish we'd bought on the dip. I'm not just referring to the popular stocks here, but also shares of lesser-known companies that are quietly setting themselves up for big things to come, driven by futuristic technologies or secular trends in their respective industries. (NYSE: ALB) and Trimble (NASDAQ: TRMB) are two such solid beaten-down stocks to buy now.

While one company is using cutting-edge technology to transform boring sectors like agriculture and construction, the other is focused on making the most of the opportunities in one of the hottest industries -- electric vehicles (EV). Albemarle and Trimble shares, however, are down more than 50% each from their respective all-time highs, making them attractive stocks to buy now. Here's what you need to know.

Neha Chamaria (Albemarle): Albemarle stock has lost more than half its value in the past year and is down nearly 60% from its all-time high. That makes sense if you look at the dramatic fall in lithium prices. Lithium carbonate has slumped a whopping 68% so far this year, according to Trading Economics, hitting levels last seen in September 2021, thanks to decelerating global demand amid a supply glut from China. Lithium makes up the lion's share of Albemarle's business; the company produces a broad range of lithium compounds and products, and it's one of the world's largest lithium mining companies. It's, therefore, not surprising that the stock has fallen alongside lithium prices.

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Source Fool.com