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Take Profits in Freeport-McMoRan

Investors face a dilemma when they earn quick gains in resource stocks. Freeport-McMoRan (FCX) is on such a hot streak that one analyst pegs the stock at a $20 valuation. The stock traded at $10 for most of this year, but rising copper prices lifted the stock.

FCX’s stock price depends directly on copper...


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