NYSE:FCXMetals and Mining
Cramer’s Copper Concerns And Board Change Test Freeport-McMoRan Valuation
Jim Cramer recently questioned Freeport-McMoRan’s (NYSE:FCX) copper outlook, flagging concerns about peaking demand and slower growth in China.
Cramer also expressed caution on NYSE:FCX as an investment in the near term, highlighting sentiment risks that may sit apart from underlying fundamentals.
Separately, long-serving director Robert W. Dudley has announced he will not stand for re-election to the board, opening the door to a future refresh of board composition.
Freeport-McMoRan is a...