Billionaire Ken Fisher and Corporate Insiders Are Betting On These Stocks: Top 5 Stocks

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

Fisher Investments’ Q2 2023 Stake: $2.1 billion

Freeport-McMoRan Inc. (NYSE:FCX) is one of the largest copper mining companies in the world. This places it at the heart of the electric vehicle revolution since these vehicles use copious amounts of copper. Right now, it is vying to regain the title of being the world’s largest copper producer, which it lost after it divested a portion of its copper mine in Indonesia. Director Ryan Michael Lance purchased $988,314 of stock in August 2022.

Freeport-McMoRan Inc. (NYSE:FCX)’s director Michael Ryan Lance bought a whopping $988,314 worth of shares in August 2022, and since then, the share price has appreciated by $7. Insider Monkey’s Q2 2023 survey of 910 hedge funds revealed that 66 had held a stake in the company. Fisher Investments is the firm’s biggest investor among these through a stake worth $2.1 billion.

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