The Compelling Buy Case for Freeport-McMoRan Stock in 2023
Copper miner Freeport-McMoRan (NYSE: FCX) is an ideal choice if you are looking to add some commodity exposure to your portfolio. Industrial metals are traditionally seen as plays on a combination of the impact of cyclical global economic growth and, in particular, growing demand from China. However, there's reason to believe that the current cycle might be a bit different, and for two interconnected reasons, Freeport-McMoRan is ideally placed to benefit.
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First, there's the case for copper, which is based on rising demand drivers and increasing challenges to supply growth. Together, these conditions will create an environment of rising prices.
Source Fool.com
Freeport-McMoRan Inc. Aktie
46,36 €
0,20 %
Die Freeport-McMoRan Inc. Aktie verzeichnet starke Buy-Einschätzungen ohne jegliche Sell-Einschätzungen.
Die Community sieht für Freeport-McMoRan Inc. ein leicht positives Kursziel von 50 € im Vergleich zum aktuellen Kurs von 46.36 €.
