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....
Read the full article on Seeking Alpha
For further details see:
MP Materials: Securing America's Future With Massive Short Squeeze Potential