MP Materials (MP) is a 23.5% w/w gathering of rosy prospects

MP Materials Corp. (NYSE: MP) is one of them Double-digit winner: 10 shares crushing the market.

MP material surged 23.5% a week, with trading on Friday closing at $37.74 against $30.55 on June 13th.

In recent weeks, Rare Earths said China took the central stage in calls from automakers and semiconductor companies to ease rare earth exports, and had a major impact on its production operations.

Despite its promise to ease China’s easing, experts feared that global supply cuts would remain an ever-present threat.

Meanwhile, MP Materials Corp. (NYSE: MP) can take advantage of limited global supply as it looks to other suppliers to support production operations.

Excavate the Earth for heavy machinery, rare earth minerals working in mining facilities.

MP Materials Corp. (NYSE: MP) is the only rare earth mining company in the United States. At the peak of the US-China trade war earlier this year, the company halted its shipping operations to China to avoid heavy tariffs on its goods.

While we acknowledge the potential of MPs as an investment, our conviction lies in the belief that some AI stocks hold a greater promise to offer higher returns and limited downside risk. If you’re looking for a very inexpensive AI stock that is also a major beneficiary of Trump’s tariffs and supervision, check out our free report. Best Short-Term AI Stocks.

Read next: Best AI stocks to buy now and According to the billionaire, 30 best stocks to buy now.

Disclosure: None. This article was originally published Insider Monkey.