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.

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Player Avatar dcgatlanta (44.23) Submitted: 12/6/2012 3:12:35 PM : Outperform Start Price: $30.65 FCX Score: +9.45

Market reaction to 2 acquisitions has been severe. FCX has good balance sheet, generates a lot of free cash and pays a 3.3%dividend. The acquisitions will diversify their revenue presumably lowering company risk to copper & gold price swings.

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