3 Great Stocks to Buy on a Dip Before the End of the Year

Group 1: Freeport-McMoRan (FCX) - The price of copper has fluctuated, starting at approximately $3.85 per pound, rising to over $5 per pound, and currently at about $4.25 per pound, indicating a volatile market [3] - Long-term demand for copper is closely tied to its use in electric vehicles (EVs) and the clean energy transition, which are expected to drive significant copper consumption [4] - High interest rates have negatively impacted EV sales and investment, but a lower interest rate environment is anticipated to stimulate demand for copper [5] - Freeport-McMoRan is implementing a leaching initiative that will enhance production efficiency, presenting upside potential for the company [6] Group 2: GXO Logistics (GXO) - GXO Logistics specializes in contract logistics, particularly in e-commerce warehouse operations, and has strong long-term growth prospects due to international expansion opportunities and increasing outsourcing needs [7][8] - The recent decline in share price is attributed to temporary factors, including a prolonged bottoming in the e-commerce warehousing market and a decision to remain independent after takeover speculation [9] - The company is positioned for recovery as inventory levels normalize and demand for e-commerce capacity accelerates, with a positive outlook for 2025 [10] Group 3: Hexcel (HXL) - Hexcel's stock decline is primarily due to lowered expectations for airplane deliveries from key customers Airbus and Boeing, impacting revenue and margins [11][12] - Despite the current challenges, the long-term outlook remains strong as advanced composites are increasingly valued in aerospace for their weight and strength advantages [13] - Boeing and Airbus are expected to ramp up production, which will positively affect Hexcel's financial performance in the future [14]