Jim Cramer on MP Materials: “I Say Yes to That One”

MP Materials Corp. (NYSE:MP) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. A caller asked for Cramer’s opinion of the stock, and here’s what he had to say:

Oh, I like it very much. It’s the only one in that whole area I really bless because they’ve got the government’s backing, and they have really good, solid management, and they’re doing just a huge number of good things. So I say yes to that one.

Photo by Artem Podrez on Pexels

MP Materials Corp. (NYSE:MP) produces rare earth materials and magnetic precursor products through its mining and processing operations. A caller asked about the stock during the April 15 episode, and Cramer responded:

Alright, I like MP Materials. I know a lot of people feel it’s already run, but I’ve gotta tell you, they have the critical materials that we need, and it’s only worth $10 billion. That doesn’t make any sense to me. It’s got a bottom on it because the government basically gave you a bottom. I just say I want you, just hold on to it, okay?

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