Copper Stock Strategy Digs For A 34% Annualized Return As Metal Demand Rises
Copper miner Freeport-McMoRan (FCX) ranks second in IBD's Mining-Metal Ores group, and its stock is holding up reasonably well during this market correction. Headquartered in Phoenix, the company is one of the world's largest producers of copper and handles significant output of gold and molybdenum. With copper demand poised to benefit from electrification, grid buildout and growth in artificial intelligence data…
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