FCX Forecast + Trading Strategies


Bullish Case: Positive demand from AI data centers, electric vehicles, and ongoing green initiatives will bolster copper demand. Freeport's innovations in copper extraction can lift production without new mines, capturing these market opportunities.


Bearish Case: Economic slowdown concerns persist, potentially reducing copper demand. Insider selling and cost pressures from labor and energy are headwinds that could temper near-term stock appreciation.


Potential Outcomes:

1. Strong copper demand from green energy and AI data centers (60%).

2. Economic downturn reducing copper demand (30%).

3. Mixed economic signals keeping copper prices stable (10%).


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July 10, 2024


Freeport-McMoRan Forecast

FCX      Freeport-McMoRan











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Assets that tend to move strongly against FCX



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FCX News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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