Jim Cramer on Freeport-McMoRan: “You’re Fine in the Stock”

Group 1 - Freeport-McMoRan Inc. (NYSE:FCX) is highlighted for its significant Indonesian copper and gold mine, alongside increasing copper demand and rising gold prices [1] - The stock has been perceived as risky due to concerns over potential expropriation of its Indonesian mine, but there is a belief that the stock remains stable [1] - Despite a 25% increase in copper prices for the year, Freeport is viewed more as a trading vehicle rather than a long-term investment [1] Group 2 - The company produces a variety of metals including copper, gold, molybdenum, and silver [1] - There is a suggestion that certain AI stocks may present better investment opportunities with higher upside potential and lower downside risk compared to Freeport [1]