Why Freeport-McMoRan Is Ready to Rebound

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, global mining giant Freeport-McMoRan (NYSE: FCX  ) has earned a respected four-star ranking.

With that in mind, let's take a closer look at Freeport and see what CAPS investors are saying about the stock right now.

Freeport facts

Headquarters (founded)

Phoenix, Ariz. (1987)

Market Cap

$27.4 billion

Industry

Diversified metals and mining

Trailing-12-Month Revenue

$17.8 billion

Management

CEO Richard Adkerson

CFO Kathleen Quirk

Return on Equity (average, past 3 years)

28.6%

Cash/Debt

$3.3 billion / $21.2 billion

Dividend Yield

4.4%

Competitors

BHP Billiton

Newmont Mining

Southern Copper 

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 97% of the 6,014 members who have rated Freeport believe the stock will outperform the S&P 500 going forward.   

Earlier this month, one of those bulls, Skepikl, tapped Freeport as a particularly solid bargain opportunity:
Bouncing about its 52 week low. The recovery now underway could spell improving copper prices for this miner. VERY attractive P/E and [dividend yield] on paper may not be the going forward metrics, but offers some prospects of downside support.

If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a strong four-star rating, Freeport may not be your top choice.

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