Based in Phoenix, Arizona, Freeport-McMoRan Inc. (FCX), with a market cap of $58.84 billion, engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores copper, gold, molybdenum, silver, and other metals.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and FCX fits this criterion perfectly, exceeding the mark. As a key player in providing basic materials to different industries, FCX benefits from long-term stability and steady revenue growth.
