Here's Why Freeport-McMoRan (FCX) is a Strong Growth Stock

Company Overview - Freeport-McMoRan Inc. is engaged in mineral exploration and development, mining and milling of copper, gold, molybdenum, and silver, as well as smelting and refining of copper concentrates [11] - The company operates primarily through its subsidiaries, including PT Freeport Indonesia, Freeport Minerals Corporation, and Atlantic Copper [11] - PT Freeport Indonesia's principal asset is the Grasberg mine in Papua, Indonesia, which contains the world's largest copper and gold reserves [11] Investment Ratings - Freeport-McMoRan has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [12] - The company is considered a top pick for growth investors, with a Growth Style Score of B, forecasting year-over-year earnings growth of 18.9% for the current fiscal year [12] Earnings Estimates - In the last 60 days, six analysts revised their earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.11 to $1.76 per share [12] - Freeport-McMoRan has an average earnings surprise of +10.4%, suggesting a strong performance relative to expectations [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Freeport-McMoRan should be on investors' short list for potential investment opportunities [13]