Freeport-McMoRan Copper & Gold, Inc. (NYSE: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.

Recs

0
Player Avatar notgoing2argue (56.21) Submitted: 12/14/2011 1:08:03 PM : Outperform Start Price: $36.81 FCX Score: -20.40

Safe dividend while the global economy struggles to find growth, but once it does begin to find its footing Freeport will pop. You'll want to be positioned to capitalize and be paid to wait. I suspect sometime over the next 5 years you'll get a sustainable rally based on the hope of future growth. FCX can provide the beta to profit in that environment.

Report this Post Reply

Featured Broker Partners


Advertisement