I like the Freeport Mcmoran stock
I love FCX. Think about how much copper the green revolution will need. Add that on top of inflation worries and an economy picking up after COVID, a boom caused by new infrastructure friendly fiscal spending, and you've got a good combo for risk/reward on FCX.
Am I stoked to be backing up the truck at $40 a share? Not really. I'd prefer a much lower price obviously. But the technical performance of the stock is strong, and I think it's a great long term hold regardless. Still, little trades are OK too ;P
Am I stoked to be backing up the truck at $40 a share? Not really. I'd prefer a much lower price obviously. But the technical performance of the stock is strong, and I think it's a great long term hold regardless. Still, little trades are OK too ;P
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.