$79.56 0.06 (+0.08%)
11/6/2009 4:00 PM

Freeport-McMoRan Copper & Gold, Inc. (FCX)

CAPS Rating: 4 out of 5

Through its subsidiaries, the Company engages in the exploration, mining, and production of copper, gold, and silver. It also smelts and refines copper concentrates, and markets the refined copper products.

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Member Avatar trexmoney (98.86) Submitted: 1/2/2009 3:10:13 AM : Outperform Start Price: $24.88 FCX Score: +199.23

Materials will make a major move in the second half of 09. Global growth will return and then the demand for these materials will also return. The capacity cuts allready in place will help to support higher prices in 09.

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