Reported 2 days ago
Freeport-McMoRan Inc. (FCX) has been highlighted as one of the top value stocks in billionaire investor Ken Fisher's portfolio, showcasing its potential amidst ongoing trade tensions and economic uncertainty. With a significant equity stake of $2.26 billion and a favorable forward P/E ratio of 18.21, FCX stands out due to its involvement in copper and precious metals mining, positioned to benefit from rising demand and prices. Despite current market corrections, Fisher remains optimistic about the company and the value stock sector, emphasizing potential growth opportunities as the market stabilizes.
Source: YAHOO