Prediction: Freeport McMoRan Stock Will Soar Over the Next 10 Years. 1 Reason Why.

There's no way to avoid the elephant in the room. If the price of copper doesn't rise or stays within the current range, it won't make sense to buy copper miner Freeport-McMoRan (FCX -0.80%). That said, the investment case for the stock rests on the case for copper and some stock-specific reasons.Why copper is heading higherThe demand case for copper is robust and comes from the metal's importance to the clean energy transition and the electrification of everything megatrend. Electric cars, solar power, and ...