Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, global mining giant Freeport-McMoRan Copper & Gold
With that in mind, let's take a closer look at Freeport's business and see what CAPS investors are saying about the stock right now.
|Headquarters (founded)||Phoenix (1987)|
|Market Cap||$52.8 billion|
|Industry||Diversified metals and mining|
CEO Richard Adkerson
CFO Kathleen Quirk
|Return on Capital (average, past 3 years)||24.2%|
|Cash/Debt||$3.74 billion / $4.76 billion|
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
On CAPS, 96% of the 5,635 members who have rated Freeport believe the stock will outperform the S&P 500 going forward. These bulls include gilboy7 and All-Star mrindependent, who is ranked in the top 2% of our community.
Just last month , gilboy7 tapped Freeport as a particularly attractive inflation-fighter:
Can you say Copper? How about Gold? ... At the rate that the fed is spending, dare I say printing, money, anything with tangible value is a must own.
Currently, Freeport even sports a cheapish forward P/E of 8.7. That represents a discount to mining competitors such as BHP (12.2), Newmont (12.0), and Southern Copper (10.6).
CAPS All-Star mrindependent elaborates on the opportunity:
[T]his company has the ability to expand production at a modest cost. Historical earnings results are excellent. The company is reasonably valued. ... I expect gold and copper prices to rise as the world economic recovery continues and world governments continue to encourage inflation by increasing money supplies at a rapid pace.
What do you think about Freeport, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!