MP - MP Materials: Securing America's Future With Massive Short Squeeze Potential

2024-04-15 18:06:39 ET

Summary

• MP Materials is a rare earth mining and processing company that is strategically positioned to cater to the growing demand for rare earth materials, especially in the automotive sector.
• The company has a three-stage plan to reinstate the complete rare earth supply chain within the United States, and it is making progress in scaling up its operations.
• The company's valuation is highly favorable, with analysts expecting a gradual increase in annual EPS and a potential fair price target of $30.

Introduction

After discussing a wide variety of dividend stocks, it's time to take a little detour, as I want to revisit a company I started to cover last year.

With a market cap of $3 billion, the MP Materials Corp. ( MP ) is one of the smallest stocks on my radar and one of the few that does not pay a dividend....

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