Freeport-McMoRan: Don't Get Stuck Focusing On Q2 Results
Freeport-McMoRan(FCX) Seeking Alpha·2024-07-22 13:52
Halamka/iStock via Getty Images Freeport-McMoRan (NYSE:FCX) expects to report a disappointing quarter this week, but the key to the investment story is always the price of copper. Copper prices have slumped lately, and a pushback on EVs and renewable energy isn't going to help in the short term. My investment thesis still remains Bullish on the stock after the recent pullback due to the strong cash flows produced at higher copper prices. Source: Finviz Tough Quarter Along with Q1 results, Freeport-McM ...