tiger8896

Freeport McMoRan: Short for a Trade?

Good call on the short trade. Might be time to cover here though, just saw on CNBC that FCX was one of 5 companies that came up on a value screen where their dividend yield is now equal to the forward P/E. Also FCX was just rated a buy on valueengine.com, the site uses a proprietary model to find undervalued companies.