After Falling 41% From Its Recent Peak, Is MP Materials Stock a Buy?

The rare-earth magnet company got a massive boost from the U.S. government this year.Rare-earth magnets are crucial to several industries, including defense, consumer electronics, electric vehicles, and other electronic applications, and the United States is seeking to secure its supply.MP Materials (MP +5.31%) is one company that has exploded onto the scene due to its unique position in the rare-earth magnet space. The company is a key domestic provider of these magnets and aims to be a top domestic suppli ...