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Southern Copper Corp.SCCOTOP PICKDec 13, 2012Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
It is more expensive and less effective in terms of operations than others. Copper has done well and should continue to do so since there is huge demand. It should double over the next ten years. He owns Freeport-McMoRan in the space which produces one million pounds out of the US and has other production, for example its mine in Indonesia.
Largest copper company in the world in terms of reserves. Will feed China with what they need for the infrastructure build out. The parent company needs the dividend so it is safe.