NYSE:FCX
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Nervous markets await NvidiaThis summary was created by AI, based on 26 opinions in the last 12 months.
Freeport McMoRan Copper & Gold (FCX) presents a mixed picture among analysts and investors. While many acknowledge the long-term potential of copper demand driven by electrification, green technology, and infrastructure needs, concerns about short-term challenges remain, particularly related to China's economy and trade tariffs. Several analysts see current levels as a good entry point due to copper's cyclical nature and expected price recoveries. However, there's apprehension regarding execution risks and dependence on China, leading some to regard this stock as suitable for short-term trading rather than long-term hold. Overall, there are signs of potential upside, but caution is advised due to economic uncertainties.
Very significant drop in copper price recently, due to US tariffs being clarified. Yet copper stocks were remarkably resilient.
This name has wonderful long-life assets. Trading above 50-, 150-, and 200-day MAs. Not strongest copper stock technically, but technicals are fine. Great company with history of raising dividend over time. If inflation rises tomorrow, they can put prices up. See his Top Picks.
China is the biggest buyer of copper in the world, over 50% worldwide. Long-term, copper is a winner, used widely (power generation, EVs, and elsewhere). FCX is one of the largest copper companies, the biggest in the U.S. FCX has bounced around because of Trump's tariffs. He will sit tight, but expected copper demand to double in coming years.
The question also asked about his opinion in general on copper. He likes copper which is the most important of the metals and is therefore in great demand. The price of copper has been hit by tariffs. It is hard to predict the price by random events and the Trump effect. Freeport McMoran is in the U.S. so it has that plus.
Taken a big hit. Divergence between copper prices and company's performance. Generational opportunity to buy a company like this. Secularly, we're using more and more copper for electrification. Analysts see 7-8% compound growth rate in copper usage over next 10 years. Yield is 2.01%.
The negative is that 50% of copper is used by China. If tariffs don't get sorted out, something's gotta give. It's not easy to bring mines on quickly. Good risk/reward at current levels.
China's comeback didn't happen in the past year while EV adoption has slowed, but will still happen. The copper spot price is up 25% this quarter. So, FCX will have a great quarter, given their link to that price, but the market won't anticipate that due to fear of tariffs and the impact on copper prices. Will copper be a protected mineral? Tariffs on foreign/Chinese copper? Don't know yet, but long term the secular tailwinds are intact. Copper usage will double over 7 years.
Bought, in part, on prospects of a greener world. Came down on weaker China and on the (much less green) Trump victory. Didn't execute as well in Q4, softer sales, higher capex. Copper's a good long-term bet. Trades at 15x with 19% growth.
Still likes it. USA really needs to grow its way out of this deficit.
Freeport McMoran Copper & Gold is a American stock, trading under the symbol FCX-N on the New York Stock Exchange (FCX). It is usually referred to as NYSE:FCX or FCX-N
In the last year, 26 stock analysts published opinions about FCX-N. 12 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Freeport McMoran Copper & Gold.
Freeport McMoran Copper & Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Freeport McMoran Copper & Gold.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
26 stock analysts on Stockchase covered Freeport McMoran Copper & Gold In the last year. It is a trending stock that is worth watching.
On 2025-09-05, Freeport McMoran Copper & Gold (FCX-N) stock closed at a price of $46.34.
Tariff policy is uncertain, as we could have an announcement today that gets changed next week. 200-day MA is falling, but at least the price is above that. Likes the space. Would be great if China picked up, as that would really propel the stock.
Sees signs that we could see a pickup down the road, but he's neutral for now.