Jim Cramer Weighed in on These 17 Stocks

10. MP Materials Corp. (NYSE:MP)

Number of Hedge Fund Holders: 29

MP Materials Corp. (NYSE:MP) is one of the stocks that Jim Cramer weighed in on. A caller asked what Cramer thinks of the stock’s long-term prospects, and he remarked:

“But they’ve got tons of EBITDA. No, look, I mean, the stock has moved to 61. Now, I have done more work on it, and I really think that I was a little, you know, I wasn’t negative, but I think there’s even more upside, and I think you’re onto something really big.”

MP Materials (NYSE:MP) specializes in producing rare earth materials and magnetic products, with operations that include mining and processing at its Mountain Pass facility and manufacturing magnetic precursors. In a July episode, Cramer said that he has “always liked MP,” and remarked:

“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.”