Freeport-McMoRan Inc. (NYSE: FCX) appears on Jim Cramer's weekly stock plan. Cramer observed that the stock often declines following its earnings reports.
"Now, we know copper and gold have been red-hot, so I have to believe that Freeport-McMoRan, a copper and gold producer, will get its fair share of money coming in," Cramer said. "I like gold, and I think that even up here, it can still be bought. As for copper, it's a little pricey, but it is needed in the data center. Look, it's a twofer. Stock... has tended to go down after it reports."
Freeport-McMoRan is a mining company that produces copper, gold, molybdenum, silver, and other metals.
ClearBridge Investments discussed Freeport-McMoRan in its fourth quarter 2025 investor letter. The firm stated it recently added to its position in the company, which was a top contributor for the quarter. This move followed a price decrease linked to an operational incident late in the third quarter.
"We believe management handled the situation effectively, and the dislocation reinforced our view that duration can be an advantage when owning high-quality assets tied to long-term secular demand," ClearBridge Investments wrote.