Think It's Too Late to Buy MP Materials? Here's 1 Reason Why There's Still Time.

MP Materials (NYSE: MP) has had a wild year. After two huge strategic partnerships were unveiled in July -- one with the Department of Defense, the other with Apple -- the stock was set on a steep, steep path that saw it climb to its highest share price, reached in mid-October.Since then, the mining stock has pulled back about 27% yet still has a 256% gain on the year. That boost in valuation has made it pretty expensive for most investors, with shares trading over 40 times sales. For investors who have waited this one out, it might seem like the ship has already left the port. But there's plenty of reason to expect more growth from MP, and the U.S. government is at the center of it.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool