Out Fox The $treet - December 3, 2019
Stocks to watch on Tuesday:
Freeport-McMoRan (FCX) - as expected, no deal exists with China. The copper miner is a buy on weakness into the $9 range. The stock has capped upside at $12 until a trade deal is done.
Twitter (TWTR) - Dorsey is headed to live in Africa next year. Investors should demand a new CEO with a vote for hiring Noto back from So-Fi. The CEO has turned around the company, but Jack has now striked out on several opportunities to develop Periscope and Vine into major revenue producing assets. Not to mention, the opportunity exists for premium services and recurring revenue streams that he hasn't made any moves towards. More research: Twitter Should Spend More
Disclosure: Long FCX, TWTR. Please review the disclaimer page for more details.