5 Best Stocks to Buy According to Stanley Druckenmiller

4. Freeport-McMoRan Inc. (NYSE:FCX)

Number of Hedge Fund Holders: 66   

Freeport-McMoRan Inc. (NYSE:FCX) is an Arizona-based mining firm. Druckenmiller registered no new activity around the stock during the fourth quarter of 2021. The fund owns over 4.8 million shares of Freeport-McMoRan Inc. (NYSE:FCX) worth $201 million, representing 7.31% of the portfolio. 

Hedge funds are exceedingly bullish on Freeport-McMoRan Inc. (NYSE:FCX). At the end of the third quarter of 2021, 66 hedge funds in the database of Insider Monkey held stakes worth $3.2 billion in Freeport-McMoRan Inc. (NYSE: FCX).