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

It's FCX! Copper is on its way up, and Freeport will definitely be riding the wave!

Large copper and gold mining company.

Copper for growth, gold for safety and they may be a potential take over target.

gold and copper and aussie $

Great commodity play especially for copper as the BRIC countries really get going and the rumors of being a takeover target of BHP Billiton doesn't hurt either

Hello USD, bye bye GLD.

Freeport-McMoran is selling near the high-end of my probable valuation for it. Commodities are overvalued right now in general, particularly gold and copper, so I like FCX as a red thumb call.

Copper demand and gold prices are tooo volatile to continue the upward push of this stock. Nothing short of alchemy will continue this run.

still room to run in commodities, and should housing/building surprise that will only help. copper in 2010 will be volatile but extremely profitable.

I think with China buying a lot of copper FCX is going to do every well in the future.

As the economy recovers the need for the basic metals that FCX deals in and dominates (Primarily Copper but Gold and Molybendium as well) will be in high demand. Gold was a bit of a hedge for them in the bad times, but Copper will drive earnings for years.

golden golden golden and the rest is still shiney futures.

Still no solid evidence the economy is solid. Gold and copper a usable commodity in any market.

all the metals are going higher, fcx is well positioned to take advantage of this as they have a large and growing market for there products.

Copper and Gold should do well in the next year. FCX is a good way to play the potential of the metals market.

Inflation

I forgot to green thumb this stock when I wrote my blog, but I still think it can go up from here even through it is near its high for the year. It has several appealing feature:
1. Relatively low labor costs.
2. Relatively low energy costs (recently).
3. Relatively high likelihood of rising gold price.
4. If the world economy improves, then copper prices should rise.
5. If the Dollar index continues to go down, investor will be looking for assets which can hold their value. Both mining stocks and metals will meet that requirement.

speculation has pushed up copper prices higher than the bulging inventories dictate. Unless there is a massive surge in the global economy, copper prices are due to give up a significant part of their recent advance. The price of FCX should follow the price copper of copper downward.

Spend spend spend=inflation