$83.80
-1.38 (-1.62%)
Freeport-McMoRan Copper & Gold, Inc. (FCX)
CAPS Rating:
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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Good company long term, involved in "real" products. Copper has been hammered and may be continue to be in the short term, though I am not investing to sell in 2 weeks or even 2 years and neither am I playing the commodities market to bet on the short term price of copper. However, I will put my money in this effectively managed company which provides essential materials for long term and ongoing infrastructure development.
I agree and own FCX for the long term. Great company with strong future earnings.