This High-Flying Stock Has a $3.7 Billion Secret Weapon
Freeport-McMoRan(FCX) The Motley Fool·2024-04-28 17:23
This copper miner's leaching initiative and substantive brownfield expansion opportunities put it in an ideal spot to benefit from an increase in the price of copper.Shares of Freeport-McMoRan (FCX 2.23%) have already demonstrated their potential with a 13% gain this year that has easily outpaced the S&P 500's near 5% improvement. This success story is just the beginning, and it's a strong indicator of the potential for this commodity play to outperform the market.I am optimistic that this trend could conti ...