Out Fox The $treet

Summary Freeport-McMoRan will struggle if copper prices head below $2.50/lb for an extended period. The company faces a large reduction in cash flow expectations from the lower copper prices. Freeport-McMoRan holding $16 sets the stock up for a potential bounce, but it appears unlikely to hold due to copper prices.    Despite some positive long-term expectations for the copper market, the current issues in China crushed the commodity over the last couple of months. Unfortunately, for Freeport-McMoRan (NYSE: FCX ) , the prospects of the company (see Freeport-McMoRan: Positive Prospects For Copper ) are all built on copper prices that aren't faring so well now.  Read the full article on Seeking Alpha.  Disclosure: Long FCX. Please read the disclaimer page for more details.

 Despite the ongoing supply limiting issues in Indonesia, Freeport-McMoRan Copper & Gold ( NYSE: FCX     ) offers a plethora of growth for the long term.  Freeport-McMoRan remains known as the proxy for copper and a large global miner, but the company offers several growth projects, including the ability to substantially grow oil and gas production.  Read the full article here  Disclosure: No positions mentioned. Please read the disclaimer page for more details.