BETTER PERFORMER THAN NVIDIA – COPPER STOCK FREEPORT (FCX) ON CHINA OPTIMISM, BLIND MONEY FIZZLES
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Portfolio Construction
Please click here for a chart of Freeport-McMoRan (FCX) compared to Nvidia (NVDA).
Note the following:
- The Morning Capsule is about the big picture, not individual stocks. The charts of Freeport-McMoRan (FCX) stock and Nvidia (NVDA) stock are being used to illustrate the point.
- FCX is a major copper producer. FCX is in the ZYX Buy Model Portfolio.
- The chart shows FCX price action in the top pane and NVDA price action in the bottom pane.
- The chart shows that FCX has performed almost 100% better than NVDA for the period shown.
April 1, 2024