TMC the metals company (TMC) Climbs 9.5% as Windowdressing Begins

We recently published Market in Pain? Not For These 10 Celebrating Stocks. TMC the metals company Inc. (NASDAQ:TMC) is one of the top performers on Tuesday.

TMC saw its share prices jump by 9.53 percent on Tuesday to finish at $6.32 apiece on what appears to be an early quarterly window-dressing.

The practice is common among institutional investors, namely hedge funds, portfolio managers, and mutual funds, where they tweak portfolios before the reporting periods by loading up on well-performing stocks and trimming those that underperform to present a stronger portfolio to clients.

TMC the metals company Inc. (NASDAQ:TMC) has been a clear favorite, having attracted strong investor interest over the past year with a whopping 501.90 percent gain, and a 426.67 percent increase year-to-date.

In the past 30 days, the company has already jumped by as much as 24.90 percent.

Strong optimism for the TMC the metals company Inc. (NASDAQ:TMC) continues to be boosted by its participation in deep-sea mining despite lingering concerns, after the sector received the backing of President Donald Trump.

Earlier this year, Trump issued a new executive order to boost deep-sea mining in a bid to develop US mineral resources.

While we acknowledge the potential of TMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.