Is Weakness In Freeport-McMoRan Inc. (NYSE:FCX) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Freeport-McMoRan's stock price has declined, but its ROE of 15% is promising, indicating efficient profit generation. The company's high reinvestment rate and earnings growth suggest a positive future outlook. Analysts predict a 16% ROE in the coming years.