MP Materials (NYSE: MP) has ample long-term growth potential, but can it become a "millionaire maker?" Trading at a nearly $7 billion valuation, the company has grown very far, very fast, making it questionable whether a small investment can grow into a $1 million position. Yet while MP Materials stock may not make you a millionaire, growth investors may want to consider it a speculative buy, given its potential to make big moves on news about its efforts to further develop its Mountain Pass rare-earth production site in California. Image source: Getty Images.
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