Should You Buy Freeport McMoRan While It's Below $50?

The investment case for the copper miner is based on long-term demand and its ability to expand supply.After being above $50 recently, copper, gold, and molybdenum miner Freeport McMoRan's (FCX 1.27%) stock has dipped to about $46.60 at the time of writing. Frankly, this looks like a good buying opportunity in a stock with plenty of long-term potential upside. Here are four reasons why.Valuation remains attractiveRead no further if you aren't bullish or at least agnostic about the outlook for the price of c ...