Each day, The Wall Street Journal publishes a list of large-cap winners. Here are Thursday's best:
Company |
Currently Fetching |
% Change |
52-Week Range |
|
---|---|---|---|---|
SLM |
$49.12 |
** |
9.13% |
$40.30 - 58.00 |
Emerson Electric |
$53.37 |
***** |
3.49% |
$41.01 - 53.44 |
CSX |
$42.67 |
**** |
2.89% |
$32.32 - 51.88 |
Freeport-McMoRan |
$106.80 |
***** |
2.78% |
$47.60 - 110.60 |
BlackRock |
$172.58 |
*** |
2.28% |
$139.20 - 180.30 |
Our top gainer, SLM, which we know as student loan specialist Sallie Mae, was up on buyout rumors. That's interesting, but we Fools want buy-to-hold stock stories. Are any of our large-cap leaders worth owning over the next three to five years?
We already know Emerson Electric could be. But so could gold and copper miner Freeport-McMoRan. The more than 65,000 professional and amateur investors following FCX in our Motley Fool CAPS database give it five stars. Here's some of the reasoning behind the rating.
CAPS All-Star SokorScout writes:
Even before merging with [Phelps Dodge], [Freeport-McMoRan] was a sleeping giant well positioned for the upward movement of copper ... With geographical presence in the Asian growth phenomenon, the addition of [Phelps Dodge] will not only provide product diversity, but also further global diversity, as well.
Investor camistocks adds:
78% of [Freeport-McMoRan's] expected output is now copper, while 12% is molybdenum, and only 10% is gold! Goldbugs might be disappointed, but Freeport had already made 75% of last year's profit from copper and only 25% from gold. As a hard asset bull I still like the stock...
Do you agree? Disagree? Let us know what you think by signing up for CAPS today. It's 100% free to participate.
See you back here tomorrow for more of the best of the biggest.
Cap off your day with related CAPS Foolishness:
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Check out Wednesday's stock stars.
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Should you invest in stocks splitting shares?
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Some 1-star stocks are surprising.