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Stock impact report

Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport [Yahoo! Finance]

Freeport-McMoRan, Inc. (FCX) 
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Data center build-outs and EV expectations provide support for FCX's long-term outlook. Interested in Freeport-McMoRan Inc.? Here are five stocks we like better. After taking a big-time tumble in September, copper mining giant Freeport McMoRan (NYSE: FCX) has regained its footing, and then some. On Sept. 24, shares dropped nearly 17% as the company significantly reduced its guidance in light of a disaster at its Indonesian mine. The stock declined another 6% on Sept. 25, leaving FCX shares just over $35. ? Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy However, Freeport has roared back with a vengeance since then. Shares closed at just over $47.50 on Dec. 16; an approximately 35% recovery from their September low. Now, Wall Street analysts see even more upside ahead. Below, we'll detail why Freeport McMoRan has been able to stage such a robust rebound, and why analysts are growing increasingly optimistic. Ultimately, Freeport McMoRan continues to have solid upsi Show less Read more
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