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Freeport-McMoRan Inc. Message Board

  • fireundersmoke fireundersmoke Jun 20, 2013 1:47 PM Flag

    Valuation Is Key When Buying Anything In This Crazy Market

    Take a good look at what you own, sell those stocks with high P/E's, like Netflix and buy and hold companies like FCX. Technology stocks are flying high right now, sell now and enjoy your profits because when they fall, they fall hard.
    The fastest way to move the world out of a big economic slump is to spend money on infrastructure, the more they wait, the higher the cost. Have you ever seen a road or bridge get better over time without spending on repairs? When a bridge like the George Washington falls into the Hudson, Congress will find the money to replace it. FCX and BHP are waiting for the day everything needs to be repaired or replaced, that day will come. Pay me now or pay me later, holding large in FCX and BHP.
    Good luck to all in this crazy market.

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