TradingMavericks

FCX : BLUE SKY BREAKOUT / SWING TRADE

Long
NYSE:FCX   FREEPORT-MCMORAN INC
Freeport-McMoRan is a unique opportunity in a high copper priced world, with the ability to take advantage of growing demand for electric vehicles.

The company achieved significant 3Q 2020 results, and it's focused on aggressively paying down debt to $4.5 billion by YE 2021.

The company has an incredible FCF potential, with a double-digit FCF yield expected in 2021, driving strong shareholder returns.

https://seekingalpha.com/article/4391628...

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