After a Nearly 35% Rally, Is This Top Mining Stock Still Worth Buying?
Freeport-McMoRan(FCX) The Motley Fool·2024-10-13 09:29
Freeport-McMoRan has a bright future.Freeport-McMoRan's (FCX 0.99%) stock price has risen about 35% over the past year. That's a meaningful move for a large mining company. The top publicly traded copper producer has benefited from improved pricing and strong demand, especially in the U.S.With shares already up a lot in the past year, many investors might be wondering whether it's too late to buy the copper stock. Here's a look at whether it's still worth buying.The outlook for copperLike any other commodit ...