3 Reasons to Buy Freeport-McMoRan Today
Mar 17th 2013 2:00PM
Updated Mar 17th 2013 2:06PM
For all the risk in the mining business, there are good reasons to buy Freeport-McMoRan. In this video, the Fool's Jim Mueller explains that Freeport pays a solid and growing dividend backed by strong cash flow. It operates the largest copper and gold mine in the world. And management's experience has strengthened the company and should keep Freeport growing.
After putting together a blockbuster deal to expand into the oil and natural gas industry, Freeport-McMoRan will have plenty on its plate as it tries to adapt to the new industry, as expanding into oil and gas carries plenty of inherent volatility. FCX had a profitable copper business, and on top of this foray into a new industry it still has to contend with mining industry bellwether BHP Billiton. To help investors determine if Freeport-McMoRan is a buy or a sell, we've compiled a brand new premium report on the company! Click here now to gain instant access!
The article 3 Reasons to Buy Freeport-McMoRan Today originally appeared on Fool.com.Austin Smith has no position in any stocks mentioned. Jim Mueller and The Motley Fool own shares of Freeport-McMoRan Copper & Gold. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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