MP - Wrong On Timing Right On Thesis: Why MP Materials Is Still A Strong Buy
2024-06-30 08:00:54 ET
Summary
- MP Materials' stock has fallen since April, despite its critical role in rare earth supply chains. The company remains well-positioned for future growth due to its strong production capabilities.
- A robust balance sheet and high-quality production offer resilience. The long-term bullish thesis remains strong.
- With a low valuation and significant short interest, MP Materials holds substantial upside potential. Investors should consider the stock's high-risk, high-reward nature for future gains.
Introduction
On April 15, I wrote an article titled " MP Materials: Securing America's Future With Massive Short Squeeze Potential. "
It was one of three bullish articles I have written since I started covering MP Materials ( MP ) on July 6, 2023....
Wrong On Timing, Right On Thesis: Why MP Materials Is Still A Strong Buy