Actionable news
All posts from Actionable news
Actionable news in FCX: FreePORT-MCMORAN Inc,

Freeport: What's Carl Icahn Up To


As FCX gets closer to single digits, I’ve become more interested.

But don't focus on oil or gold, it’s still a copper play.

With its various exposures it's still an interesting commodity play.

I've talked shop about Freeport McMoRan (NYSE:FCX) in the recent past. I sold off the majority of my stake after the toward $15 a share. However I'm interested in owning shares again in the single digits. Shares have come in a bit since I last talked about the mining company. FCX traded briefly below $10 a share within the last month, which got the stock back on my radar.

Recall that Carl Icahn got involved in...