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