After Falling 25%, What's Next For Freeport?
1. Freeport-McMoRan's stock fell 25% in 3 months amid economic concerns. 2. Copper prices are pressured by global slowdown, especially in China. 3. Q3 2024 revenue rose 16.6%, exceeding estimates despite lower copper sales. 4. Volatility persists in FCX stock due to external factors like copper prices. 5. Current valuation estimates $47, indicating a potential 20% upside.