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CRIT - Freeport-McMoRan - Buy The Dip
June, 23 2022 09:53 AM
Optica Rare Earths & Critical Materials ETF
Freeport-McMoRan is a copper company, and copper is susceptible to economic closures and economic worry. The company has dramatically improved its financial position from the last downturn, and we expect markets to rebound quickly. The company can generate double-digit FCF in 2023-2024 at current prices, and the decline represents a short-term buyback opportunity. Overall, we recommend taking advantage of the dip in Freeport-McMoRan's share price. For further details see:
Freeport-McMoRan - Buy The Dip
Stock Information
Company Name:
Optica Rare Earths & Critical Materials ETF
Stock Symbol:
CRIT
Market:
NYSE
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