Southern Copper Corp (USA)

  • Buy This Undervalued Industrial Commodity Stock

    By Shahida Humayun - August 11, 2013 | Tickers: FCX, SSLT, SCCO

    In this article, I will be discussing an undervalued industrial commodity stock with significant upside potential in the long-term. Recently, the company has crossed certain hurdles, which resulted in the undervaluation. As such, besides the long-term prospects, investors can also expect some rally in the short-term.

    Sterlite Industries (India) Ltd. (NYSE:SLT) operates as a non-ferrous metals and mining company in India and internationally. The company’s operations include production more »

  • Gain Exposure to Copper Now Through These Ideas

    By Robinson Roacho - August 10, 2013 | Tickers: FCX, JJC, SCCO

    China’s PMI showed a better than expected industrial activity in July. The last reading at 50.3 beat the 49.9 reading expected by Reuters. As a result, we observed a recovery for metals’ prices.

    This may be the beginning of the recovery of the sector, and therefore you should expose your portfolio as it may bring capital appreciation in the following months.

    Copper is widely regarded as the more »

  • BHP Billiton Far Stronger Than Competitors

    By William Alder - August 6, 2013 | Tickers: BBL, RIO, SCCO

    While iron ore prices have seen an increase this summer, the price is still down from where it was over a year ago, and still roughly 80% cheaper than where it was in the summer of 2011. As investors know this has had a negative impact on mining companies. BHP Billiton (NYSE: BBL) has seen its stock decline around 25% from the summer of 2011. The good news for investors more »

  • This Miner Is Worth a Second Look

    By Joshua Bondy - August 2, 2013 | Tickers: CAT, FCX, SCCO

    Mining is one of the most volatility businesses to be in. Commodity prices are not stable, while miners are forced to make huge fixed investments in mines and equipment. Recently, Southern Copper (NYSE: SCCO) has seen its stock price fall along with the price of copper. It looks like the market may have gotten ahead of itself, forgetting that the company has some of the best margins around. 

    <img alt="" src="http://media.ycharts.com/charts/06641aa27daebc44f40460ec866e0d87.png" />

    SCCO Total more »

  • An Insider Has Been Buying Shares of This Materials Company

    By Meena Krishnamsetty - August 2, 2013 | Tickers: FCX, NEM, SCCO

    According to a Form 4 filed with the SEC, two limited partnerships connected to Freeport-McMoRan Copper & Gold (NYSE: FCX) Board member James Flores together purchased over 500,000 shares of stock in late July at prices of about $28.65 per share. Studies show that stocks bought by insiders tend to narrowly outperform the market on average (read our analysis of studies on insider transactions), and this makes some amount more »

  • Get Out of These Stocks Now!

    By Robinson Roacho - July 24, 2013 | Tickers: FCX, JJC, SCCO

    China’s PMI index continues to decline. Why should you be worried? Well, if you own the stocks herein described, you should reconsider your position, and probably step out!

    Avoid copper for the time being

    If China’s manufacturing activity continues to contract, the industrial metals sector will struggle. As an example, Copper is regarded as the industrial activity barometer. The iPath DJ-UBS Copper ETF (NYSEMKT: JJC) tracks the commodity more »

  • More Signs China’s Economy Is in Trouble

    By Sam Mattera - July 24, 2013 | Tickers: CAT, GM, SCCO

    China’s economic growth has been a source of controversy in recent years.

    Critics characterize the Chinese economic boom as nothing more than a credit-fuelled bubble, one destined to burst with disastrous consequences. In contrast, supporters see the country in the midst of a great transformation, on its way to becoming the world’s next superpower.

    More evidence came out in favor of the bears overnight Tuesday. HSBC’s China more »

  • Why China Could Affect Your Portfolio in the Near Term

    By Robinson Roacho - July 22, 2013 | Tickers: VALE, FCX, SCCO

    There is evidence that Chinese manufacturing activity is slowing down. Readings on China’s PMI showed a slight but constant contraction. One of the consequences is that the prices of several metals may experience downward pressure. Copper comes to mind since the commodity is often regarded as the industrial activity barometer. Since manufacturing is contracting, it would be a good idea to stay away from these stocks.

    Copper miners have more »

  • This Copper Miner Looks Attractive After Pullback

    By Vladimir Zernov - July 2, 2013 | Tickers: VALE, FCX, SCCO

    Just like other metals, copper is under pressure this year, down 14%. In the meantime, this is one of the best performances across the metal board, because copper has wide industrial implications. The leading copper producer, Freeport-McMoRan (NYSE: FCX), is down 14% this year as well. The stock is trading at a multi-year support level. Is it time to get in?

    Pros

    Freeport-McMoRan has diversified into the oil & gas business more »

  • Digging Profits Out Of The Mining Industry Collapse

    By Ken McGaha - July 2, 2013 | Tickers: VALE, FCX, SCCO

    The recent collapse of stock prices in the mining sector presents investors who act now with an opportunity to collect solid double-digit annual gains for years to come. Even better, those who choose wisely can also collect generous dividend yields while waiting for these world-class mining businesses to return to fair value.

    Mining supplies the basic foundation of our lives

    Copper wiring brings electricity into our homes and delivers it more »

  • China's Slowdown Is Hurting Copper

    By Nathaniel Matherson - July 1, 2013 | Tickers: FCX, JJC, SCCO

    The past two weeks have been turbulent (to say the least) due in large part to increasing fears coming out of Asia. Why is China significant for the American investor? Well, many companies have banked on the country for growth in the decades ahead. Thus, slowing growth out of China would deflate the valuations of these companies. 

    China slowdown

    China seems to be slowing down by all conventional measures, and more »

  • An Insider Is Bullish About This Mining Giant

    By Meena Krishnamsetty - July 1, 2013 | Tickers: CLF, VALE, FCX, NEM, SCCO

    Freeport-McMoRan Copper & Gold (NYSE: FCX) recently completed its purchase of oil and gas companies McMoRan Exploration (which had previously been a related company) and Plains Exploration and Production. The company’s stock price plunged in early December when it announced the acquisitions, and is still down 22% from the beginning of that month as markets have worried that the diversification into oil and gas will reduce Freeport-McMoRan’s focus (in more »

  • Should You Buy Freeport McMoRan?

    By Bob Ciura - June 25, 2013 | Tickers: FCX, RIO, SCCO

    It’s no secret that precious metals have been crushed over the past several weeks. A variety of reasons, including talk of the Federal Reserve tapering off its monthly bond buying, as well as slowing growth in China, have served as body blows to major industrial miners such as Freeport McMoRan (NYSE: FCX). In light of this, is now the time to run for the hills from the miners? Or more »

  • Avoid Copper and Steel for the Time Being

    By Robinson Roacho - June 24, 2013 | Tickers: FCX, SCCO, X

    China’s latest Purchasing Managers' Index (PMI) reading showed a contraction of manufacturing. The implications are huge for a variety of sectors. I would like to focus in what could happen to basic materials related companies such as the production of steel and copper. I believe that the companies herein mentioned do not offer an interesting investment prospectus and you should steer clear of them.

    Copper

    Copper, apart from being more »

  • This Copper Producer Is Looking Interesting

    By Matthew Frankel - June 21, 2013 | Tickers: FCX, RIO, SCCO

    Freeport-McMoRan Copper & Gold (NYSE: FCX), known simply as “Freeport,” is one of the largest copper producers in the world with production of 3.7 billion pounds last year. Despite higher projected output and optimistic earnings projections, Freeport has been one of the worst performers on the S&P 500, down more than 20% so far in 2013. At a ridiculously low valuation and with a strong yield while waiting for more »

  • Don't Let People Scare You Away From Vale

    By Jaiyant Cavale - June 18, 2013 | Tickers: VALE, FCX, SCCO

    There has been a lot of bad press about Vale (NYSE: VALE) in the last couple of weeks. When Vale's revenues fell to a four-year low, it got a lot of people talking about why Vale is a 'sell' and not a 'hold.' Of course, journalists and analysts have been kind enough to acknowledge that Vale's difficulties did not arise from something wrong with the company, but rather more »

  • This Stock Is the Best Copper Play

    By Vladimir Zernov - June 10, 2013 | Tickers: BHP, VALE, FCX, RIO, SCCO

    Copper is one of the metals that suffered the least this year. Wide industrial implications of copper make it a more price-stable metal than others. Nevertheless, it is down 10% this year, although there are signs that it can recover. Freeport-McMoRan Copper and Gold (NYSE: FCX) is the best copper play available in the marketplace now--here’s why.

    Diversifying assets

    Freeport-McMoRan has recently secured deals to acquire Plains Exploration & Production more »

  • Top 3 Mining Companies

    By Phillip Woolgar - June 6, 2013 | Tickers: CMP, MTRN, SCCO

    Investing in mining stocks makes me uneasy. This is because there are so many exploration expenses to pay even before these companies know whether they have made a bountiful claim. But sometimes a sector is too alluring to ignore. As demand for high end products increases in the developing world, mining stocks have huge potential to profit. I recommend well-established mid- and small-cap firms that don't place all their more »

  • The Amazing “Dr. Copper” and His Theory

    By Jeff Stouffer - May 30, 2013 | Tickers: FCX, COPX, SCCO

    One of the simplest gauges to observe and measure the global economy is based on the price of copper. Copper is in abundance and has multiple industrial applications worldwide. All that is considered is the supply and demand of copper. When demand rises, so does the price because of the increased use in new infrastructure. This concept has the nickname of "Dr. Copper."

    Even with the S&P 500 and more »

  • These Copper Miners Look Attractive

    By Bob Ciura - May 15, 2013 | Tickers: FCX, RIO, SCCO

    In today’s zero interest rate environment, investors continue to search for yield. While traditional sources of income, such as telecom or utilities stocks, continue to accomplish the goal of providing suitable income, savvy investors would be wise to turn to the copper industry.

    While it may seem surprising, the copper industry contains some large-caps that provide solid income. Making things even better, these stocks are trading for reasonable valuations more »

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