Freeport McMoran Copper & Gold

FCX-N

NYSE:FCX

9.07
0.02 (0.22%)
Freeport-McMoRan Inc., often called Freeport, is a mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona.
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Analysis and Opinions about FCX-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
October 9, 2012

When you look at copper broadly, there are only 2 weeks of demand covered globally. It has the tightest fundamentals of any metal. Over 3% dividend yield. The cheapest stock in the large-cap materials universe. Really inexpensive. Has upside to copper prices, yield support, good growth and feels copper is the best place to be.

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When you look at copper broadly, there are only 2 weeks of demand covered globally. It has the tightest fundamentals of any metal. Over 3% dividend yield. The cheapest stock in the large-cap materials universe. Really inexpensive. Has upside to copper prices, yield support, good growth and feels copper is the best place to be.

BUY
BUY
October 2, 2012

(Market Call Minute.) Great copper play. Copper prices have hung in relatively well and he still sees the global economy growing.

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(Market Call Minute.) Great copper play. Copper prices have hung in relatively well and he still sees the global economy growing.

WAIT
WAIT
September 10, 2012

One caveat is that this company has the Indonesia issue that is always hanging over their head. Renegotiating with the Indonesian government scares him a little bit. Some of the mines that they are getting copper out of are no longer open pits so there are cost pressures. Really well-run company. Good dividend. Wait for 6 months when people are sad.

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One caveat is that this company has the Indonesia issue that is always hanging over their head. Renegotiating with the Indonesian government scares him a little bit. Some of the mines that they are getting copper out of are no longer open pits so there are cost pressures. Really well-run company. Good dividend. Wait for 6 months when people are sad.

HOLD
HOLD
July 25, 2012
(Market Call Minute.) Gold and copper and subject to the whims of the commodity market.
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(Market Call Minute.) Gold and copper and subject to the whims of the commodity market.
DON'T BUY
DON'T BUY
July 10, 2012
We are in a deleveraging environment, which tends to be a little bit disinflationary. There has been a lot of stimulus thrown at the market without the response that the policymakers expected. There is little evidence to go to high beta stocks yet. Share prices of the materials group have been performing poorly.
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We are in a deleveraging environment, which tends to be a little bit disinflationary. There has been a lot of stimulus thrown at the market without the response that the policymakers expected. There is little evidence to go to high beta stocks yet. Share prices of the materials group have been performing poorly.
PAST TOP PICK
PAST TOP PICK
June 27, 2012
(A Top Pick June 6/11. Down 33.94%.) Sold 90% of his holdings last December. An excellent company, but unfortunately it trades with the copper price. Thinks there will be a 50%-100% rally if we did see clarity out of Europe and there was a resumption of global growth.
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(A Top Pick June 6/11. Down 33.94%.) Sold 90% of his holdings last December. An excellent company, but unfortunately it trades with the copper price. Thinks there will be a 50%-100% rally if we did see clarity out of Europe and there was a resumption of global growth.
DON'T BUY
DON'T BUY
June 15, 2012
Would steer over to TCK.B because it is Canadian and is diversified and has all the assets. Holds very little precious metals.
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Would steer over to TCK.B because it is Canadian and is diversified and has all the assets. Holds very little precious metals.
HOLD
HOLD
May 10, 2012
He is surprised the stock is trading as low as it is. Copper does not trade far below its all-time high of about $4. Have great growth coming on in Africa. In a lot of ways it is a cheap, cheap stock. It's in a penalty box because it is a cyclical resource stock and people have been getting out of that part of the market.
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He is surprised the stock is trading as low as it is. Copper does not trade far below its all-time high of about $4. Have great growth coming on in Africa. In a lot of ways it is a cheap, cheap stock. It's in a penalty box because it is a cyclical resource stock and people have been getting out of that part of the market.
COMMENT
COMMENT
May 9, 2012
(Market Call Minute.) Gold and copper is having a terrible time as all the materials are.
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(Market Call Minute.) Gold and copper is having a terrible time as all the materials are.
DON'T BUY
DON'T BUY
February 15, 2012
Gold and copper play. When you start to look at commodity plays with producers, he would prefer to go somewhere else. Prefers materials area but don’t overweight..
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Gold and copper play. When you start to look at commodity plays with producers, he would prefer to go somewhere else. Prefers materials area but don’t overweight..
BUY
BUY
December 6, 2011
Around the current price level would be a reasonable time to get in. He noticed that a lot of commodity stocks were underperforming the commodity but this one started to outperform copper in mid-October.
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Around the current price level would be a reasonable time to get in. He noticed that a lot of commodity stocks were underperforming the commodity but this one started to outperform copper in mid-October.
DON'T BUY
DON'T BUY
November 24, 2011
Great management, long-term, large cap name. Copper prices have been falling.
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Great management, long-term, large cap name. Copper prices have been falling.
TOP PICK
TOP PICK
November 3, 2011
Copper/gold. Stock is down and this is the time to buy. Have a big strike that will have to be settled. Aopper prices have dropped a lot. China and Asia are going to be fine and copper is going to be okay. Their production costs for copper is less than $1 a pound.
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Copper/gold. Stock is down and this is the time to buy. Have a big strike that will have to be settled. Aopper prices have dropped a lot. China and Asia are going to be fine and copper is going to be okay. Their production costs for copper is less than $1 a pound.
DON'T BUY
DON'T BUY
October 18, 2011
Doesn’t love copper at this time. A little cautious with the cyclicality of it. A high beta stock that is going to trade up and down with the Chinese market.
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Doesn’t love copper at this time. A little cautious with the cyclicality of it. A high beta stock that is going to trade up and down with the Chinese market.
SELL
SELL
September 23, 2011
You want to own commodity stocks when the commodity is going up. This is a pure copper company and the price is going down. The reason to own it disappears. It’s dead money at best.
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You want to own commodity stocks when the commodity is going up. This is a pure copper company and the price is going down. The reason to own it disappears. It’s dead money at best.
Showing 46 to 60 of 112 entries