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Stock of the Day: Freeport-McMoRan Inc. (FCX) - Copper Shortage Coming, the New Gold?
Stock of the Day: Freeport-McMoRan Inc. (FCX) - Copper Shortage Coming, the New Gold?
"Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." - Warren Buffett
Don’t forget to Like this video and SUBSCRIBE for weekly stock reviews!
🎧 Rational Investing Podcast
https://podcasts.apple.com/us/podcast/rational-investing/id1661854715
📄 Free 1 Pager
Sign up here 👉 https://www.cashflowinvestingpro.com/a1dd6e3f-dcaa-4151-a334-e4fdcf7fb9b4
Remember to check my website 👇
https://www.cashflowinvestingpro.com/
🛍️ Merch store:
https://www.cashflowinvestingprostore.com
📚 10 years of historical financials + a Cash Flow 1 pager!!
Download here 👉 https://www.cas...
published: 26 Jun 2023
-
Informational Tips on FCX and F4 Device for Mobile Safety System
Shop our Website: https://www.newyorksaddlehunter.com/about-1
----------------------------------------
Join our Saddle Hunters Forum here: https://www.facebook.com/groups/48228...
----------------------------------------
Business Email (business inquiries only): [email protected]
----------------------------------------
NEW TO OUR CHANNEL? Watch this first: https://youtu.be/O0F5ykXqz4c
This is a very minimalist method for mobile saddle hunters. We are showing you exactly how we climb into large trees with minimal equipment, cost and effort.
This method may not be for everyone, but think of it as another tool in your arsenal. Please watch until the end as there's a lot of information on DRT climbing technique that we believe is one of the safest, quietest, least expensive w...
published: 07 Jan 2023
-
2018 JNCC-R5 FCX & REDTAIL Official Movie
published: 04 Jul 2018
-
Freeport-McMoran (FCX) a GOOD BUY Before Earnings? | FCX Analysis
Should you invest in Freeport-McMoran (FCX) before they announce earnings? Should you wait for the results? Is the company a good long-term investment? Today on GrowthShares, we're going to analyze the company and find out.
⭐Join My Patreon:
https://www.patreon.com/growthshares
⭐$1000 Giveaway Every Quarter:
https://youtu.be/20vBcAfCqgM
⭐What kind of investor are you? (Free Survey):
https://forms.gle/AyeDX6g6ztS7o9wi8
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https://app.privacy.com/join/T7UUH
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⭐I may or may not have a financial interest (investment) in this company before or after the publication of this video.
#FreeportMcMoran #FCX #GrowthShares
Music: Wehrmut by Godmode
**...
published: 19 Jul 2023
-
FCX | Investor Navigation Demo
FCX was conceived and built for the private investment sector with the simple goal to replicate the listed market ‘user experience’ for unlisted assets.
FCX helps companies Xcel at managing their investors and securities.
https://fcx.com.au/
published: 22 Sep 2022
-
FCX Connecting the Future
An overview of Freeport-McMoRan's global mining operations
published: 02 Apr 2019
-
David Ferrall is featured on ausbiz discussing the launch of FCX
https://fcx.com.au/
For the private investment sector, FCX is the first company in the world to digitise securities on a centralised platform that brings together a DLT based registry, a seamless capital raising capability and a liquidity venue with instant settlement.
The FCX factor.
published: 12 Apr 2022
-
FCX coming soon...
Tyrell is hand made in our factory in Sanuki City Kagawa.
We take pride in our work and are dedicated to producing the best we can.
Let's enjoy your life with Tyrell bike. Feel the potential & the future of folding bike.
四国、香川県を拠点に活動している自転車メーカーです。
小規模ながら、開発から製造、販売までを一貫して行っています。
Tyrell公式サイト:http://www.tyrellbike.com/
published: 16 Dec 2021
-
Nikita Dragun - The controversies of a YouTuber
Nikita Dragun - The controversies of a YouTuber
Nikita Dragun is an American social media personality, makeup artist, and model known for her presence on platforms like YouTube and Instagram. Born on January 31, 1996, in Springfield, Virginia, Nikita has gained popularity for her makeup tutorials, fashion content, and vlogs.
Nikita Dragun is recognized for her bold and glamorous style, both in her makeup looks and fashion choices. She is known for promoting self-expression and embracing individuality. Additionally, Nikita has been a vocal advocate for the LGBTQ+ community, sharing her personal experiences and contributing to discussions surrounding inclusivity and acceptance.
In this video you will find the latest controveries of Nikita Dragun. Stay Tunes
Thank you guys for watching, ...
published: 22 Dec 2023
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Freeport-McMoRan (FCX) Stock Analysis: The Best Way to Invest in Copper?
⬇⬇ SUBSCRIBE ⬇⬇
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Someone recently asked me how to invest in copper, and although you can do it in several ways, especially through ETFs that hold different securities, I believe investing in copper miners is probably the best way to do it, at least for me. That is because copper itself - although it has a lot of potential in the future - pays no dividends, and even if you time the market perfectly, you probably won’t make more than a 20-30% profit, which is very low for the opportunity cost that you lose.
Now, getting to Freeport-McMoRan (NYSE: FCX stock), they are one of the top copper miners by production on the planet, with an output of around 4 billion pounds. They also produce some gold - among other metals...
published: 20 May 2023
0:47
Stock of the Day: Freeport-McMoRan Inc. (FCX) - Copper Shortage Coming, the New Gold?
Stock of the Day: Freeport-McMoRan Inc. (FCX) - Copper Shortage Coming, the New Gold?
"Long ago, Ben Graham taught me that 'Price is what you pay; value is wh...
Stock of the Day: Freeport-McMoRan Inc. (FCX) - Copper Shortage Coming, the New Gold?
"Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." - Warren Buffett
Don’t forget to Like this video and SUBSCRIBE for weekly stock reviews!
🎧 Rational Investing Podcast
https://podcasts.apple.com/us/podcast/rational-investing/id1661854715
📄 Free 1 Pager
Sign up here 👉 https://www.cashflowinvestingpro.com/a1dd6e3f-dcaa-4151-a334-e4fdcf7fb9b4
Remember to check my website 👇
https://www.cashflowinvestingpro.com/
🛍️ Merch store:
https://www.cashflowinvestingprostore.com
📚 10 years of historical financials + a Cash Flow 1 pager!!
Download here 👉 https://www.cashflowinvestingpro.com/
🧐 Learn to Invest on your own: https://www.cashflowinvestingpro.com/
🧐 Cash Flow Investing Club: https://www.cashflowinvestingpro.com/community/public
Business Inquires:
[email protected]
-- Disclosure --
Read Full Disclosure Here: https://www.cashflowinvestingpro.com/ca0db479-cc85-4de1-ada9-800c18398977
All opinions expressed by Cameron Stewart at Rational Investing with Cameron Stewart, CFA or on Cashflowinvestingpro.com are solely Mr. Stewart’s opinions. You should not treat any opinion expressed by Mr. Stewart as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Mr. Stewart’s statements and opinions are subject to change without notice. Past performance is not indicative of future results. Mr. Stewart does not guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this show. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this show may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this show. Before acting on information on this show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
#stockoftheday #stockmarket #stockanalysis #stockmarket2023 #stockmarketcrash #rationalivesting #investingforbeginners #recession2023 #stockmarketforbeginners #stocks #dividendstocks
https://wn.com/Stock_Of_The_Day_Freeport_Mcmoran_Inc._(Fcx)_Copper_Shortage_Coming,_The_New_Gold
Stock of the Day: Freeport-McMoRan Inc. (FCX) - Copper Shortage Coming, the New Gold?
"Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." - Warren Buffett
Don’t forget to Like this video and SUBSCRIBE for weekly stock reviews!
🎧 Rational Investing Podcast
https://podcasts.apple.com/us/podcast/rational-investing/id1661854715
📄 Free 1 Pager
Sign up here 👉 https://www.cashflowinvestingpro.com/a1dd6e3f-dcaa-4151-a334-e4fdcf7fb9b4
Remember to check my website 👇
https://www.cashflowinvestingpro.com/
🛍️ Merch store:
https://www.cashflowinvestingprostore.com
📚 10 years of historical financials + a Cash Flow 1 pager!!
Download here 👉 https://www.cashflowinvestingpro.com/
🧐 Learn to Invest on your own: https://www.cashflowinvestingpro.com/
🧐 Cash Flow Investing Club: https://www.cashflowinvestingpro.com/community/public
Business Inquires:
[email protected]
-- Disclosure --
Read Full Disclosure Here: https://www.cashflowinvestingpro.com/ca0db479-cc85-4de1-ada9-800c18398977
All opinions expressed by Cameron Stewart at Rational Investing with Cameron Stewart, CFA or on Cashflowinvestingpro.com are solely Mr. Stewart’s opinions. You should not treat any opinion expressed by Mr. Stewart as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Mr. Stewart’s statements and opinions are subject to change without notice. Past performance is not indicative of future results. Mr. Stewart does not guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this show. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this show may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this show. Before acting on information on this show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
#stockoftheday #stockmarket #stockanalysis #stockmarket2023 #stockmarketcrash #rationalivesting #investingforbeginners #recession2023 #stockmarketforbeginners #stocks #dividendstocks
- published: 26 Jun 2023
- views: 1491
25:36
Informational Tips on FCX and F4 Device for Mobile Safety System
Shop our Website: https://www.newyorksaddlehunter.com/about-1
----------------------------------------
Join our Saddle Hunters Forum here: https://www.facebook....
Shop our Website: https://www.newyorksaddlehunter.com/about-1
----------------------------------------
Join our Saddle Hunters Forum here: https://www.facebook.com/groups/48228...
----------------------------------------
Business Email (business inquiries only):
[email protected]
----------------------------------------
NEW TO OUR CHANNEL? Watch this first: https://youtu.be/O0F5ykXqz4c
This is a very minimalist method for mobile saddle hunters. We are showing you exactly how we climb into large trees with minimal equipment, cost and effort.
This method may not be for everyone, but think of it as another tool in your arsenal. Please watch until the end as there's a lot of information on DRT climbing technique that we believe is one of the safest, quietest, least expensive ways to climb a tree for saddle hunting. I hope you all benefit from our technique. Please like and share with others.
Please remember that climbing of any kind is inherently dangerous. The DRT climbing method has been a standard in the arbor industry for 100 years. But remember It's only safe if you do it right. Ensure your knots are tied correctly and make sure you set every knot before you get off the ground. This is our method that we use in saddle hunting, but only do what makes you comfortable and do this at your own risk.
Feel free to comment down below with your questions, We'd love to help in any way we can.
https://wn.com/Informational_Tips_On_Fcx_And_F4_Device_For_Mobile_Safety_System
Shop our Website: https://www.newyorksaddlehunter.com/about-1
----------------------------------------
Join our Saddle Hunters Forum here: https://www.facebook.com/groups/48228...
----------------------------------------
Business Email (business inquiries only):
[email protected]
----------------------------------------
NEW TO OUR CHANNEL? Watch this first: https://youtu.be/O0F5ykXqz4c
This is a very minimalist method for mobile saddle hunters. We are showing you exactly how we climb into large trees with minimal equipment, cost and effort.
This method may not be for everyone, but think of it as another tool in your arsenal. Please watch until the end as there's a lot of information on DRT climbing technique that we believe is one of the safest, quietest, least expensive ways to climb a tree for saddle hunting. I hope you all benefit from our technique. Please like and share with others.
Please remember that climbing of any kind is inherently dangerous. The DRT climbing method has been a standard in the arbor industry for 100 years. But remember It's only safe if you do it right. Ensure your knots are tied correctly and make sure you set every knot before you get off the ground. This is our method that we use in saddle hunting, but only do what makes you comfortable and do this at your own risk.
Feel free to comment down below with your questions, We'd love to help in any way we can.
- published: 07 Jan 2023
- views: 14962
4:25
Freeport-McMoran (FCX) a GOOD BUY Before Earnings? | FCX Analysis
Should you invest in Freeport-McMoran (FCX) before they announce earnings? Should you wait for the results? Is the company a good long-term investment? Today on...
Should you invest in Freeport-McMoran (FCX) before they announce earnings? Should you wait for the results? Is the company a good long-term investment? Today on GrowthShares, we're going to analyze the company and find out.
⭐Join My Patreon:
https://www.patreon.com/growthshares
⭐$1000 Giveaway Every Quarter:
https://youtu.be/20vBcAfCqgM
⭐What kind of investor are you? (Free Survey):
https://forms.gle/AyeDX6g6ztS7o9wi8
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https://www.youtube.com/channel/UCcIfqL77FTgHcFRvgJCrFhw?sub_confirmation=1
⭐I may or may not have a financial interest (investment) in this company before or after the publication of this video.
#FreeportMcMoran #FCX #GrowthShares
Music: Wehrmut by Godmode
**NOT FINANCIAL OR INVESTMENT ADVICE. DO YOUR OWN RESEARCH**
Disclaimer: The content in this video and this channel are for educational purposes only. I'm not a financial advisor and it is your responsibility to do your own research before making any decision when it comes to your money and your life. This does not constitute investment advice of any kind.
Affiliate Disclaimer: Some of the links in the description of this video may be affiliate links. That means if you click on those links and make a purchase on those websites, I may receive a commission at no extra cost to you.
https://wn.com/Freeport_Mcmoran_(Fcx)_A_Good_Buy_Before_Earnings_|_Fcx_Analysis
Should you invest in Freeport-McMoran (FCX) before they announce earnings? Should you wait for the results? Is the company a good long-term investment? Today on GrowthShares, we're going to analyze the company and find out.
⭐Join My Patreon:
https://www.patreon.com/growthshares
⭐$1000 Giveaway Every Quarter:
https://youtu.be/20vBcAfCqgM
⭐What kind of investor are you? (Free Survey):
https://forms.gle/AyeDX6g6ztS7o9wi8
⭐Do you want $5 to spend online? (Affiliate):
https://app.privacy.com/join/T7UUH
⭐Subscribe to GrowthShares:
https://www.youtube.com/channel/UCcIfqL77FTgHcFRvgJCrFhw?sub_confirmation=1
⭐I may or may not have a financial interest (investment) in this company before or after the publication of this video.
#FreeportMcMoran #FCX #GrowthShares
Music: Wehrmut by Godmode
**NOT FINANCIAL OR INVESTMENT ADVICE. DO YOUR OWN RESEARCH**
Disclaimer: The content in this video and this channel are for educational purposes only. I'm not a financial advisor and it is your responsibility to do your own research before making any decision when it comes to your money and your life. This does not constitute investment advice of any kind.
Affiliate Disclaimer: Some of the links in the description of this video may be affiliate links. That means if you click on those links and make a purchase on those websites, I may receive a commission at no extra cost to you.
- published: 19 Jul 2023
- views: 206
2:40
FCX | Investor Navigation Demo
FCX was conceived and built for the private investment sector with the simple goal to replicate the listed market ‘user experience’ for unlisted assets.
FCX he...
FCX was conceived and built for the private investment sector with the simple goal to replicate the listed market ‘user experience’ for unlisted assets.
FCX helps companies Xcel at managing their investors and securities.
https://fcx.com.au/
https://wn.com/Fcx_|_Investor_Navigation_Demo
FCX was conceived and built for the private investment sector with the simple goal to replicate the listed market ‘user experience’ for unlisted assets.
FCX helps companies Xcel at managing their investors and securities.
https://fcx.com.au/
- published: 22 Sep 2022
- views: 98
14:45
FCX Connecting the Future
An overview of Freeport-McMoRan's global mining operations
An overview of Freeport-McMoRan's global mining operations
https://wn.com/Fcx_Connecting_The_Future
An overview of Freeport-McMoRan's global mining operations
- published: 02 Apr 2019
- views: 1112
4:51
David Ferrall is featured on ausbiz discussing the launch of FCX
https://fcx.com.au/
For the private investment sector, FCX is the first company in the world to digitise securities on a centralised platform that brings togeth...
https://fcx.com.au/
For the private investment sector, FCX is the first company in the world to digitise securities on a centralised platform that brings together a DLT based registry, a seamless capital raising capability and a liquidity venue with instant settlement.
The FCX factor.
https://wn.com/David_Ferrall_Is_Featured_On_Ausbiz_Discussing_The_Launch_Of_Fcx
https://fcx.com.au/
For the private investment sector, FCX is the first company in the world to digitise securities on a centralised platform that brings together a DLT based registry, a seamless capital raising capability and a liquidity venue with instant settlement.
The FCX factor.
- published: 12 Apr 2022
- views: 75
1:52
FCX coming soon...
Tyrell is hand made in our factory in Sanuki City Kagawa.
We take pride in our work and are dedicated to producing the best we can.
Let's enjoy your life with...
Tyrell is hand made in our factory in Sanuki City Kagawa.
We take pride in our work and are dedicated to producing the best we can.
Let's enjoy your life with Tyrell bike. Feel the potential & the future of folding bike.
四国、香川県を拠点に活動している自転車メーカーです。
小規模ながら、開発から製造、販売までを一貫して行っています。
Tyrell公式サイト:http://www.tyrellbike.com/
https://wn.com/Fcx_Coming_Soon...
Tyrell is hand made in our factory in Sanuki City Kagawa.
We take pride in our work and are dedicated to producing the best we can.
Let's enjoy your life with Tyrell bike. Feel the potential & the future of folding bike.
四国、香川県を拠点に活動している自転車メーカーです。
小規模ながら、開発から製造、販売までを一貫して行っています。
Tyrell公式サイト:http://www.tyrellbike.com/
- published: 16 Dec 2021
- views: 2730
6:58
Nikita Dragun - The controversies of a YouTuber
Nikita Dragun - The controversies of a YouTuber
Nikita Dragun is an American social media personality, makeup artist, and model known for her presence on platf...
Nikita Dragun - The controversies of a YouTuber
Nikita Dragun is an American social media personality, makeup artist, and model known for her presence on platforms like YouTube and Instagram. Born on January 31, 1996, in Springfield, Virginia, Nikita has gained popularity for her makeup tutorials, fashion content, and vlogs.
Nikita Dragun is recognized for her bold and glamorous style, both in her makeup looks and fashion choices. She is known for promoting self-expression and embracing individuality. Additionally, Nikita has been a vocal advocate for the LGBTQ+ community, sharing her personal experiences and contributing to discussions surrounding inclusivity and acceptance.
In this video you will find the latest controveries of Nikita Dragun. Stay Tunes
Thank you guys for watching, like and sub if you enjoyed, FCX Video
https://wn.com/Nikita_Dragun_The_Controversies_Of_A_Youtuber
Nikita Dragun - The controversies of a YouTuber
Nikita Dragun is an American social media personality, makeup artist, and model known for her presence on platforms like YouTube and Instagram. Born on January 31, 1996, in Springfield, Virginia, Nikita has gained popularity for her makeup tutorials, fashion content, and vlogs.
Nikita Dragun is recognized for her bold and glamorous style, both in her makeup looks and fashion choices. She is known for promoting self-expression and embracing individuality. Additionally, Nikita has been a vocal advocate for the LGBTQ+ community, sharing her personal experiences and contributing to discussions surrounding inclusivity and acceptance.
In this video you will find the latest controveries of Nikita Dragun. Stay Tunes
Thank you guys for watching, like and sub if you enjoyed, FCX Video
- published: 22 Dec 2023
- views: 458
10:43
Freeport-McMoRan (FCX) Stock Analysis: The Best Way to Invest in Copper?
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https://www.youtube.com/channel/UCLqygB-tDDzP8HcNDV0k7ig?sub_confirmation=1
Someone recently asked me how to invest in copper, and although yo...
⬇⬇ SUBSCRIBE ⬇⬇
https://www.youtube.com/channel/UCLqygB-tDDzP8HcNDV0k7ig?sub_confirmation=1
Someone recently asked me how to invest in copper, and although you can do it in several ways, especially through ETFs that hold different securities, I believe investing in copper miners is probably the best way to do it, at least for me. That is because copper itself - although it has a lot of potential in the future - pays no dividends, and even if you time the market perfectly, you probably won’t make more than a 20-30% profit, which is very low for the opportunity cost that you lose.
Now, getting to Freeport-McMoRan (NYSE: FCX stock), they are one of the top copper miners by production on the planet, with an output of around 4 billion pounds. They also produce some gold - among other metals - giving them a bit of a hedge since these two metals are pretty much opposite. They have several mines in the Americas and Indonesia, making them a relatively low-cost producer.
In the past, FCX stock has been extremely volatile, as a result of the price of copper moving. Even in very recent history, we can see the stock crashing more than 50% in a matter of months to almost $5 in 2020, going up nearly 10 times to more than $50 in about a couple of years. If you had the courage and the knowledge to buy back then, when the market was afraid that Freeport was maybe even going bankrupt because copper prices were so low, you would’ve made a fortune.
But, in general, that kind of initiative requires you to know the company very well, be ready to act when you get the opportunity and ignore the noise coming from the market, which is why I always insist on people doing their own research. I remember 3 years ago that everyone on the news was expecting this company to go bankrupt, but as you are about to see when we get into the numbers, that was not very realistic.
In the past 2 decades, Freeport-McMoRan actually offered several such opportunities to multiply our money. We can see an almost 10x increase in the early 2000s, more than 5x in a couple of years in 2008, and something similar in 2016.
The thing with copper is that in the short- and medium-term you have an influence from the economy, from companies hedging the production, from traders, and so on, while the long-term can be seen from two sides. There is the normal inflation, cyclicality of production and so on like with every other commodity, and then there is the very long-term utility factor that should increase the demand. Copper is probably going to be one of the most useful metals in the next 10-20 and even more years alongside - I believe - nickel, because they are key to pretty much everything that we are planning at the moment. Just imagine how much copper you would need for electric vehicles. Not only do you need a lot of copper for the car itself, but the grid, the infrastructure, the charging stations and so on, would require an incredible amount of copper unless we discover a cheaper alternative, which is not very likely. That is because copper is still cheap and very widely available, so replacing it is not going to be easy, unless the price grows too much. So, it shouldn’t come as a surprise when you see companies like Stellantis and Tesla already investing in copper and nickel mining companies.
Other videos:
Stellantis Stock Analysis - https://youtu.be/of2uv0npYsc
Vale Stock Analysis - https://youtu.be/9lF8RE7QbVQ
Rio Tinto Stock Analysis - https://youtu.be/YQdRjA234y8
Barrick Gold Stock Analysis - https://youtu.be/ghCZw1iBXvM
Newmont Mining Stock Analysis - https://youtu.be/cHPWUZL7o5M
Intel Stock Analysis - https://youtu.be/GInKzdUUEm0
Verizon Stock Analysis - https://youtu.be/gqapzyhuMdk
Don't forget to like and subscribe if you appreciate what I do!
On my channel, you will find a wide variety of stock analyses - from gold miners such as Barrick Gold (NYSE: GOLD) and Newmont Mining (NYSE: NEM) to tech stocks like Alphabet (NYSE: GOOG/GOOGL), Apple (NYSE: AAPL), Intel (NYSE: INTC) and even other commodity producers such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO).
Although I mostly focus on value investing, there will also be plenty of high-yield dividend stocks being analysed on the channel, especially if I believe that there is value in there.
Song: ♪ Marshmallow (Prod. by Lukrembo)
Link: https://youtu.be/y7KYdqVND4o
DISCLAIMER: I am not a financial advisor and nothing on this channel should qualify as investing advice. All information is provided for your education or entertainment. It is not intended to be investment advice. This information is general in nature and has not taken into account your personal financial position or objectives. Seek a duly licensed professional for investment advice.
0:00 Freeport-McMoRan (FCX Stock) & Copper Review
4:48 Freeport-McMoRan (FCX Stock) Financial Analysis
7:48 Freeport-McMoRan (FCX Stock) Valuation & Price Target
#stocks #investing #personalfinance #valueinvesting
https://wn.com/Freeport_Mcmoran_(Fcx)_Stock_Analysis_The_Best_Way_To_Invest_In_Copper
⬇⬇ SUBSCRIBE ⬇⬇
https://www.youtube.com/channel/UCLqygB-tDDzP8HcNDV0k7ig?sub_confirmation=1
Someone recently asked me how to invest in copper, and although you can do it in several ways, especially through ETFs that hold different securities, I believe investing in copper miners is probably the best way to do it, at least for me. That is because copper itself - although it has a lot of potential in the future - pays no dividends, and even if you time the market perfectly, you probably won’t make more than a 20-30% profit, which is very low for the opportunity cost that you lose.
Now, getting to Freeport-McMoRan (NYSE: FCX stock), they are one of the top copper miners by production on the planet, with an output of around 4 billion pounds. They also produce some gold - among other metals - giving them a bit of a hedge since these two metals are pretty much opposite. They have several mines in the Americas and Indonesia, making them a relatively low-cost producer.
In the past, FCX stock has been extremely volatile, as a result of the price of copper moving. Even in very recent history, we can see the stock crashing more than 50% in a matter of months to almost $5 in 2020, going up nearly 10 times to more than $50 in about a couple of years. If you had the courage and the knowledge to buy back then, when the market was afraid that Freeport was maybe even going bankrupt because copper prices were so low, you would’ve made a fortune.
But, in general, that kind of initiative requires you to know the company very well, be ready to act when you get the opportunity and ignore the noise coming from the market, which is why I always insist on people doing their own research. I remember 3 years ago that everyone on the news was expecting this company to go bankrupt, but as you are about to see when we get into the numbers, that was not very realistic.
In the past 2 decades, Freeport-McMoRan actually offered several such opportunities to multiply our money. We can see an almost 10x increase in the early 2000s, more than 5x in a couple of years in 2008, and something similar in 2016.
The thing with copper is that in the short- and medium-term you have an influence from the economy, from companies hedging the production, from traders, and so on, while the long-term can be seen from two sides. There is the normal inflation, cyclicality of production and so on like with every other commodity, and then there is the very long-term utility factor that should increase the demand. Copper is probably going to be one of the most useful metals in the next 10-20 and even more years alongside - I believe - nickel, because they are key to pretty much everything that we are planning at the moment. Just imagine how much copper you would need for electric vehicles. Not only do you need a lot of copper for the car itself, but the grid, the infrastructure, the charging stations and so on, would require an incredible amount of copper unless we discover a cheaper alternative, which is not very likely. That is because copper is still cheap and very widely available, so replacing it is not going to be easy, unless the price grows too much. So, it shouldn’t come as a surprise when you see companies like Stellantis and Tesla already investing in copper and nickel mining companies.
Other videos:
Stellantis Stock Analysis - https://youtu.be/of2uv0npYsc
Vale Stock Analysis - https://youtu.be/9lF8RE7QbVQ
Rio Tinto Stock Analysis - https://youtu.be/YQdRjA234y8
Barrick Gold Stock Analysis - https://youtu.be/ghCZw1iBXvM
Newmont Mining Stock Analysis - https://youtu.be/cHPWUZL7o5M
Intel Stock Analysis - https://youtu.be/GInKzdUUEm0
Verizon Stock Analysis - https://youtu.be/gqapzyhuMdk
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0:00 Freeport-McMoRan (FCX Stock) & Copper Review
4:48 Freeport-McMoRan (FCX Stock) Financial Analysis
7:48 Freeport-McMoRan (FCX Stock) Valuation & Price Target
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- published: 20 May 2023
- views: 445