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FCX - Freeport-McMoRan: Short-Term Risks Are Too High To Ignore
June, 13 2024 10:27 AM
Freeport-McMoRan Inc.
2024-06-13 10:27:35 ET
Summary Freeport-McMoRan is often seen as a good way to take advantage of expected copper supply imbalances. FCX investors, however, are exposed to significant risks that could derail returns even if copper prices continue to improve. The stock also trades at a premium multiple on a historical basis at a time when production growth is stalling. There's hardly any investor left that is not well-acquainted with the thesis of upcoming copper supply/demand imbalances....
For further details see:
Freeport-McMoRan: Short-Term Risks Are Too High To Ignore
Stock Information
Company Name:
Freeport-McMoRan Inc.
Stock Symbol:
FCX
Market:
NYSE
Website:
fcx.com
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