5 Best Battery Stocks To Invest In Before They Take Off

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In this piece, we will take a look at the five best battery stocks to invest in before they take off. If you want to read our detailed overview of the global battery industry and the recent important trends, then read 12 Best Battery Stocks To Invest In Before They Take Off.

5. MP Materials Corp. (NYSE:MP)

Number of Hedge Fund Investors In Q4 2023: 26

YTD Share Price Drop: 19.53%

MP Materials Corp. (NYSE:MP) is a rare earth metal mining company headquartered in Las Vegas, Nevada, United States. It’s one of the strongest rated battery stocks on our list, as the shares are rated Strong Buy on average, and the average analyst share price target is $27.18.

During Q4 2023, 26 out of the 933 hedge funds covered by Insider Monkey’s research had bought and owned MP Materials Corp. (NYSE:MP)’s shares. Daniel Gold’s QVT Financial was the biggest investor as it owned $76.9 million worth of shares.

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