Freeport-McMoRan Stock
There is no other way to put it: Freeport-McMoRan Inc (NYSE:FCX) stock has been hit hard. Even the legendary billionaire Carl Icahn couldn’t do much about it. The famous activist investor reportedly took home $2.0 billion of profits on Netflix, Inc. (NASDAQ:NFLX) last year. So what’s going on…
Is FCX Stock Worth a Second Look? Freeport-McMoRan Inc (NYSE:FCX) stock is probably one of the rarest trades that have delivered positive returns since the beginning of this year. However, analysts believe FCX stock’s future remains uncertain. Analysts are divided on where the stock will move next. The…
In an era of falling commodities prices, investing in copper doesn’t look like a popular choice. However, billionaire investor Carl Icahn just disclosed an 8.5% stake in copper mining company Freeport-McMoRan Inc. (NYSE: FCX). (Source: The Securities and Exchange Commission, last accessed September 2, 2015.) According to a…
