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Why Freeport-McMoRan Is Ready to Rebound

By Brian D. Pacampara, CFA - Apr 19, 2013 at 4:35PM

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Market-trouncing returns could be written in this 4-Star.

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 Copper & Gold (FCX 3.91%) 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

$26.6 billion

Industry

Diversified metals and mining

Trailing-12-Month Revenue

$18.0 billion

Management

CEO Richard Adkerson

CFO Kathleen Quirk

Return on Equity (average, past 3 years)

30.1%

Cash/Debt

$3.7 billion/$3.5 billion

Dividend Yield

3.9%

Competitors

Newmont Mining

Southern Copper

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

On CAPS, 97% of the 5,985 members who have rated Freeport believe the stock will outperform the S&P 500 going forward.

Just yesterday, one of those Fools, All-Star Lordrobot, tapped Freeport as a particularly interesting bargain opportunity:

Copper is a sign of the global economy and it's down. This is a speculation that it won't stay down forever. Freeport is poorly managed but copper is copper.

Oh and I am not doing this in response to the fabulous [O]bama miracle economy and 5 year invisible recovery. The US is not going to turn around but eventually Asian demand for copper will increase as will emerging markets.

Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.  

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Stocks Mentioned

Freeport-McMoRan Inc. Stock Quote
Freeport-McMoRan Inc.
FCX
$36.72 (3.91%) $1.38

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