I wrote about watching these stocks previously and looks like they have made some gains since then. FCX is now into the low $90’s and MW closed at $26.22 on Friday (nice since I got in on MW at around $20). I think that MW has a solid management and will continue to do well. […]

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The P/E for Freeport McMoran (NYSE:FCX) is now just 8.43 after today’s announcement of their 4th quarter results. The stock closed at $77.30 which is 5.2% down.
“Before the opening bell, the company posted profit of $1.05 per share on revenue of $4.18 billion, excluding one-time charges, compared to profit of $1.99 per share on revenue […]

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Thanks for Mr. Bernanke and the Feds, the US stock markets survived just a minor drop today after slipping almost 5% at the open. At the close, the Dow only lost 1.06%, the NASDAQ lost 2.04% and the S&P 500 lost 1.11%.
Some may panic and start selling but this is a good time to shop […]

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