Time to Get On Board This Dividend-Paying Miner
The following video is part of our "Motley Fool Conversations" series, in which analyst Jim Mueller discusses topics across the investing world.
There's still a lot of room to grow in commodities stocks, and Freeport-McMoRan Copper & Gold is a case in point. Jim takes us through first-quarter earnings, where it beat analyst expectations. It smartly refinanced some debt and is investing to grow copper production by 25% over the next few years. Plus, it pays a healthy (and growing!) dividend.
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At the time this article was published Jim Mueller owns shares of Freeport-McMoRan Copper & Gold. The Motley Fool owns shares of Freeport-McMoRan Copper & Gold. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.