Why USA Rare Earth Stock Leaped by Almost 14% Today

USA Rare Earth (NASDAQ: USAR) won big on Monday, as it operates in a country whose government just signed an encouraging deal for such materials. On top of that, its stock is now under coverage by an analyst who feels it is a buy at current prices. USA Rare Earth's stock rose by nearly 14% that day as a result, positively trouncing the S&P 500 index's 1.1% gain.On Monday, President Trump and his Australian counterpart Prime Minister Anthony Albanese inked a rare earths and critical minerals deal between the two countries. The intention behind the pact is to ensure a reliable flow of the materials in the face of China's recent tightening of export controls over them. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool