Freeport-McMoRan: Recovering From Grasberg Drives 10% FCF Yield (NYSE:FCX)
· seekingalpha.com
Freeport-McMoRan (FCX) buy thesis: structural copper bull market, Grasberg recovery, and 35% upside to $97 by 2027—see valuation and FCF outlook—read now.
Mr. Copper is firmly in a bull market, with demand driven by the many faces of electrification and electric motors, while supply is tempered by industry discipl...