Jim Cramer Says He Has “Always Liked MP”

MP Materials Corp. (NYSE:MP) is one of the 14 stocks Jim Cramer recently shared insights on. During the lightning round, a caller asked for Cramer’s outlook on the company. Cramer commented:

“Okay, I’ve always liked MP. It’s just very recently [that] people realized that it’s got great rare earth potential. Litinsky’s done a good job. It keeps losing money, that’s unacceptable, but you can own the stock.”

Heavy machinery at work in a mining facility, excavating the earth for rare earth minerals.

MP Materials (NYSE:MP) specializes in the production of rare earth materials and magnetic products, managing mining and processing operations. The company also manufactures magnetic precursors. During the April 9 episode of Mad Money, a caller inquired about the company, and Cramer replied:

“Okay… used to come on our program all the time, James Litinsky, and it’s had a good run. It’s moved up all the way from the bottom, but it used to be much, much higher. My take is this: I think that the rare earth specialty materials are going to do well under Trump and I like Litinsky. I think he’s the real deal, but boy, they keep losing money. This is the year that they either make money or I go against them. Period. End of story.”

While we acknowledge the potential of MP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.