Freeport McMoRan (NYSE: FCX): Investment #analysis – Investing in Copper Mining #stocks #investing

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In this video, we look into some of the largest copper miners on the planet: Freeport McMoRan (NYSE: FCX), BHP (NYSE: BHP), Glencore (LSE: GLEN.L), Teck Resources Limited (NYSE: TECK) and Southern Copper Corporation (NYSE: SCCO).

With so many trends and especially electric vehicles requiring a massive amount of copper, this metal should play an even more important role in our future. Even though copper is not that cheap right now, I think it’s better to prepare today and be ready in case a crash happens tomorrow.

Now, with copper, similar to a majority of commodities, China plays a key role in the price. Even if the company you invest in has no business with China whatsoever, the country represents around half of the global demand, so if they have an issue, the total demand goes down and usually drags the price down with it. If I had to choose, I would say this is more of a risk rather than an opportunity because you depend way too much on a single country, but in the future, according to studies and expectations, they should represent a smaller slice of the pie. But, until then – or, if it happens – China is probably the number one factor for the price.

Speaking of studies, there is a 100-and-something-page study from S&P Global that looks into and is even named The Future of Copper. Among other things, they look into two scenarios based on the supply and demand for copper.

As you can see, a lot of copper demand should come from EVs and the grid, infrastructure, storage and everything related to that, plus wind, solar, and a bit of growth in the current uses.

After looking into some more risks and potential reward of investing in copper, we begin with Freeport McMoRan (NYSE: FCX) before getting into BHP, Glencore, Teck and Southern Copper. This stock is a perfect representation of what you can expect from a copper mining company. They had more down 80%, up 400% or even more in a matter of months than probably any other big company you can find. I remember how back in 2020 with the fear caused by the pandemic, the stock fell to around $5 and everyone was afraid that they would go bankrupt or sell assets and stuff like that. However, exactly two years later, they were up around 850%, making this probably one of the best performers during that time.

I also briefly look into other sectors where some of these companies have exposure: potash, zinc and even coal.

Other videos:
Lithium Stocks (Arcadium Lithium/Allkem/Livent, Albemarle, SQM, Lithium Americas/Argentina) – https://youtu.be/FQE_rjgfCuQ
Verizon (VZ) Stock Analysis – https://youtu.be/2pkCBfkB87s
Airline Stocks (JBLU, LUV, SAVE, RYAAY) – https://youtu.be/ftPAoXhzj04
Barrick Gold (GOLD) Stock Analysis – https://youtu.be/4CNjdtiYIKU
Vale (VALE) Stock Analysis – https://youtu.be/GFydcRWsAHc
Medical Properties Trust (MPW) Stock Analysis – https://youtu.be/SiLVQKIm6q4
PayPal (PYPL) Stock Analysis – https://youtu.be/GFydcRWsAHc
Stellantis (STLA) Stock Analysis – https://youtu.be/of2uv0npYsc
Freeport-McMoRan (FCX) Stock Analysis – https://youtu.be/91ggPBaGFLQ
Nokia (NOK) Stock Analysis – https://youtu.be/LksBa929CI4
Omega Healthcare Investors (OHI) Stock Analysis – https://youtu.be/6bvoCQk3xig

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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 Nokia (NYSE: NOK), Alphabet (NYSE: GOOG/GOOGL), Intel (NYSE: INTC) and even healthcare REITs like Medical Properties Trust (NYSE: MPW) and Omega Healthcare Investors (NYSE: OHI).

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.

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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 Investing in Copper in 2024 & Beyond
4:25 Copper Stocks: Copper Stocks: FCX, BHP, TECK, Glencore, SCCO

#stocks #investing #personalfinance #valueinvesting