Prediction: Freeport McMoRan Will Soar Over the Next 10 Years. Here's Why.

The outlook for the price of copper is excellent, and this stock is ideally positioned to benefit. Copper miner Freeport McMoRan (FCX 1.06%) has significant potential to soar over the coming decade, in line with a rise in the price of copper and the company's ability to expand production. Here's why. Demand and supply for copper support higher prices The case for copper often relies on assumptions about future demand. The metal is a vital part of the global economy due to its uses across a wide range of sec ...