Reported 3 days ago
Jim Cramer has expressed optimism regarding Freeport-McMoRan Inc (NYSE:FCX), highlighting a potential EBITDA boost from tariffs and the company's significance in the AI data center sector due to copper demand. With analysts noting the implications of new tariffs, Cramer encourages investment in FCX, pointing out its favorable valuation in comparison to other stocks. Despite the challenging macroeconomic conditions and fluctuating copper prices, Cramer believes there are long-term prospects for growth in FCX.
Source: YAHOO