FCX - post earnings review

Fcx posted earnings of 2.64$ vs 2.02 consensus helping to push the stock up to 121, right above a new 52 week high. This is a fantastic opportunity to buy into fcx as the street sold the news, so to speak, when they destroyed earnings. Look for FCX to hit 140 very near term and 180 by year end.

(FCX: 30.81 0.00 0.00%, cap: 11.635B)

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This entry was posted on Wednesday, April 23rd, 2008 at 11:38 am and is filed under Daily Thoughts, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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