High-performance magnets made from rare earth metals like neodymium, iron, and boron are crucial for your devices to function efficiently. US mining company MP Materials operates a rare earth mine in California and is partnering with the Department of Defense. The company also secured a $500 million deal with Apple for 100% recycled rare earth magnets. MP’s stock has surged over 230% in the past year, but risks remain as it expands its manufacturing arm. The Motley Fool’s Stock Advisor did not list MP Materials among its top 10 stocks, citing potential for monster returns with other picks.

Read more at Yahoo Finance: Should You Invest $1,000 in MP Materials Right Now?