This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Stocks to Benefit from Stronger Yuan

8. Freeport-McMoRan (FCX - Get Report) explores for copper, silver and gold.

Quarter: First-quarter profit multiplied to $945 million, or $2, as revenue soared 68%. The operating margin rose from 27% to 47%. The balance sheet stores $3.8 billion of cash and $6.1 billion of debt, translating to a debt-to-equity ratio of 0.6.

Stock: Freeport-McMoRan has appreciated 36% during the past year, beating U.S. indices. It trades at a price-to-projected-earnings ratio of 7.1, a 54% discount to its peer average. Its PEG ratio of 0.2 reflects an 80% discount to estimated fair value.

Consensus: Of firms covering Freeport, 13, or 65%, rate its stock "buy", six rate it "hold" and one ranks it "sell." Barclays (BCS) predicts that the stock will gain 74% to $120. JPMorgan (JPM) values it at $111, leaving 41% of potential upside.

3 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CAT $85.32 0.85%
COH $42.50 -0.36%
CMI $138.92 1.80%
FCX $21.87 5.00%
TIF $85.94 -1.40%

Markets

DOW 18,038.17 -41.97 -0.23%
S&P 500 2,109.30 -8.39 -0.40%
NASDAQ 5,055.7860 -36.2990 -0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs