Biotech Stocks Dominate Monday’s Top 10 Gainers

1. MP Materials Corp. (NYSE:MP)

MP Materials saw its share prices soar by 21.65 percent on Monday to close at $27.59 apiece as investor sentiment was fueled by President Donald Trump’s preparation of an executive order that would permit the stockpiling of critical metals from the Pacific Ocean.

The initiative aims to counter China’s dominance in rare earth supply chains and battery minerals. Last week, the Chinese government moved to halt the exports of rare earth minerals, representing a devastating blow to industries that rely on rare earth minerals for the manufacturing of their products.

MP Materials—the only rare earth mining and processing facility in the US—is set to benefit from the move.

MP Materials (NYSE:MP) produces rare earth materials, a group of 17 metals used to make magnets that turn power into motion for electric vehicles, cell phones, and other electronics. The company is currently one of the largest non-Chinese rare earth miners and processors globally.

While we acknowledge the potential of MP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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