Freeport-McMoRan Inc. (FCX), a prominent entity in the stock market, has been exhibiting significant dynamics in trading. Several investors and investment firms adjusted their stake in FCX, such as
Avitas Wealth Management,
Hager Investment Management Services, and
abrdn plc who purchased shares, while some, like
Retirement Systems of Alabama and
Jennison Associates, sold their holdings. Other firms, such as
Guidance Capital and
Childress Capital Advisors, increased their positions. Despite reaching a new 12-month low, FCX witnessed new investments from
Bleakley Financial Group and
Heck Capital Advisors. While some analysts consider FCX overvalued post-earnings, others see potential long-term upside. The return trends on FCX look promising as they outpaced the company's earnings growth over the last five years. Despite suffering from a larger drop than the general market, it still attracts investor attention.
FCX posted strong financial growth in the Q4 2024 earnings call, while EPS missed expectations in full year 2024 earnings. Key investors like billionaire Howard Marks are interested in FCX shares. Wall Street analysts rate FCX as a viable investment.
Freeport-Mcmoran FCX News Analytics from Fri, 06 Sep 2024 07:00:00 GMT to Sat, 08 Feb 2025 17:18:59 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 1
