Is Freeport Overvalued At $42?

1. FCX shares increased 12% over the past month, outperforming S&P500. 2. Copper prices rising due to global demand, especially in construction and renewable sectors. 3. FCX's revenue growth is lagging compared to competitors like Charles Schwab. 4. First quarter net income fell to $352 million from $473 million year-over-year. 5. FCX anticipates improved cash costs despite a significant drop in copper production.