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Should You Add Freeport-McMoRan Inc (FCX) Stock to Your Portfolio Monday?

Monday, November 28, 2022 10:08 AM | InvestorsObserver Analysts
Should You Add Freeport-McMoRan Inc (FCX) Stock to Your Portfolio Monday?

The 81 rating InvestorsObserver gives to Freeport-McMoRan Inc (FCX) stock puts it near the top of the Basic Materials sector. In addition to scoring higher than 73 percent of stocks in the Basic Materials sector, FCX’s 81 overall rating means the stock scores better than 81 of all stocks.

Overall Score - 81
FCX has an Overall Score of 81. Find out what this means to you and get the rest of the rankings on FCX!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies in the basic materials sector can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the best stocks in that sector. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in basic materials or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Freeport-McMoRan Inc Stock Today?

Freeport-McMoRan Inc (FCX) stock is trading at $36.63 as of 9:55 AM on Monday, Nov 28, a decline of -$0.52, or -1.4% from the previous closing price of $37.15. The stock has traded between $36.28 and $36.72 so far today. Volume today is low. So far 517,406 shares have traded compared to average volume of 15,842,869 shares. Click Here to get the full Stock Report for Freeport-McMoRan Inc stock.

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