We came across a bullish thesis on Freeport-McMoRan Inc. on Value investing subreddit by cyclist63c. In this article, we will summarize the bulls’ thesis on FCX. Freeport-McMoRan Inc.'s share was trading at $39.22 as of September 30th. FCX’s trailing and forward P/E were 27.08 and 15.27 respectively according to Yahoo Finance.
[caption id="attachment_520306" align="aligncenter" width="750"]Freeport-McMoRan’s stock recently fell more than 20% following an accident at its Grasberg mine in Indonesia, a reaction that appears...
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