Freeport McMoran Copper & Gold (FCX)

He just sold it, because he expects a recession and not a soft landing. Copper prices were falling until this week, due to weakening demand despite the need for copper in EVs. FCX was always a trading stock.

Copper is trending up and he expects a new stage of growth due to EVs.

A polarizing stock, because they mine copper. Bulls says this is the battery metal of the future that'll help green the grid. True. Bears say copper is tied to the economic cycle, which is slowing now. In fact, manufacturing has been slowing for 8 months. They had good mines in the US and Indonesia and have scale. He doesn't want copper now.

Likes the materials space, an early-cycle winner. Chart in a sideways pattern, but metrics look decent.

He's in base metals, a timely play. Big US player. His play to get copper exposure. The story is really all about China, whether they come back, and how fast. 

Copper production company - one of the largest in world (~8% of world production).
Reserves of over 100 billion.
Copper demand rising with electric vehicles etc.
Excellent company with strong management.
Strong balance sheet and business fundamentals.
Expecting copper prices to rise.
Current share price presenting a good time to buy. 

Her time horizon is long, as much as 10 years.. Copper prices may be weak now, but EVs will continue to drive demand. Also, after 2023, there are almost no copper mines coming online. She's happy to hold this for 5 years.

He just sold it because revenue growth has plunged, down 15% last quarter and 8% the last 12 months. Copper is touching the lowest price of the year.

Up 41% vs. copper's 18% in the past 6 months. They just reported a beat, but the share price has gotten ahead of itself. She will hold this growth stock forever. As we make more EV's they will need copper. Unbelievable demand for the very long term.

She just bought. Supply/demand for copper is good. China's reopening helps increase demand. Good balance sheet as they lower debt. Trades at 8x EBITDA, attractive. Volatile, though. Start with a small position, watch earnings, and add to weakness.

This is a great company to own for exposure to copper which will be in high demand for such items as batteries, charging stations etc. Its price will trade along with copper prices. It is a great choice for the mining and materials fields in general. For a long term hold buy half a position now and wait for a pullback for the other half.

It's sink or swim and too speculative. Lacks secular growth.

Still likes it. Volatile, higher beta. Copper use in everyday lives is increasing, from automotive to green energy. Heavily dependent on health of economy. Copper goes as the economy goes. Cheap right now, very attractive. Be patient.