10 Best Performing NYSE Stocks to Buy Now

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1. MP Materials Corp. (NYSE:MP)

Year-to-Date Performance as of June 23: 134.36%

Number of Hedge Fund Holders: 29

MP Materials Corp. (NYSE:MP) is one of the best-performing NYSE stocks to buy now. Earlier in mid-May, the Saudi Arabian Mining Company (Maaden) and MP Materials signed a Memorandum of Understanding to explore the establishment of a fully integrated and end-to-end rare earth supply chain within Saudi Arabia.

The agreement was signed during the US-Saudi Investment Forum 2025 in Riyadh. The proposed partnership aims to cover the entire rare earth value chain. By using Saudi Arabia’s competitive energy base, world-class infrastructure, and strategic location, the collaboration seeks to diversify and expand the global rare earth supply chain.

The agreement follows Maaden’s initiative in April 2025 to select an international company for a rare earths processing partnership to position Saudi Arabia as a critical minerals hub. Maaden operates 17 mines and sites, exports products to 55 countries globally, and employs over 7,000 people.

MP Materials Corp. (NYSE:MP) produces rare earth materials in the Western Hemisphere. The company operates in 2 segments: Materials and Magnetics.

While we acknowledge the potential of MP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MP and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

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