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Stockchase Opinions

Rick StuchberrySouthern Copper Corp.SCCOTOP PICKDec 13, 2012

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.

$37.77

Stock price when the opinion was issued

$193.22

As of Jun 15, 2026. Market Open.

non-base metal mining
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DON'T BUY

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.

DON'T BUY

He doesn't mind this stock, but copper itself has run up. Also, SCCO jumped 3.38% today and its PE is no longer cheap and pays only a 1.8% dividend. SCOO is up 25% this year. Too late to enter this.

HOLD
A copper stock. Stick with it. Copper is a barometer of this country and Americans are using a lot of it.
PAST TOP PICK

(Top Pick Dec 13/12, Down 21.92%) Tried to break out and failed. He will cut and run if he doesn’t get some action by the end of quarter.

PAST TOP PICK

(A Top Pick Nov 14/12. Down 30.62%.) Material stocks have not been a great place to be but he thinks this will work this year. This is a low-cost copper producer with the longest life reserves. Good yield.

DON'T BUY

Southern Copper (SCCO-N) or Teck Resources (TCK.B-T)? Chart shows a downtrend from the beginning of this year with a possible level of support at around $25. He would wait for a consolidation and a breakout on this.

TOP PICK

[Show did not air however top and past picks were posted to web site]

BUY
One of the major copper producers in the world. It wouldn't be beyond the realm of possibility that it could be taken out.