Up 150% In 4 Months, Freeport-McMoRan Still Looks Undervalued
- Tuesday, July 28, 2020, 7:12
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After a formidable 147% rise since the March lows of this year, at the current price of $13 per share we believe Freeport-McMoRan stock has still not reached its near-term potential. FCX stock has rallied from $5.31 to $13.12 off the recent bottom compared to the S&P 500 which increased 44%…
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