Here are three stocks highlighted as underrated and potentially good buys based on recent analyses:

1. **Impinj Inc (NASDAQ:PI)** - Impinj is involved in IoT solutions, particularly with its RAIN RFID technology, which connects physical items to the internet to provide identity, location, and authenticity. Despite being unprofitable, it has shown significant revenue growth and has beaten earnings estimates, making it a notable growth stock.[](https://t.co/8noNchHk0t)

2. **MP Materials Corp (NYSE:MP)** - This company operates one of the largest rare earth mining and processing facilities globally. The demand for rare earth elements, used in technologies like electric vehicles and wind turbines, positions MP Materials for potential growth, especially with recent record production and sales volumes.[](https://t.co/8noNchHk0t)

3. **Pure Storage (NYSE:PSTG)** - Known for its all-flash array storage systems for data centers, Pure Storage is seen as undervalued with strong growth potential due to the increasing need for cloud data center infrastructure. Its recent performance indicates it's heading in a positive direction.[](https://t.co/UasYJBu32F)